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it sucks that. everybody go to do it if you did you know the price is the only industry specifically mentioned in the constitution and. that's because a free and open press is critical to our democracy shrek there's. never go on. and on this show we reveal the nature of what's actually going to go beyond identifying the truth rational debate and a real discussion critical issues facing america ready to join the movement then welcome to the big. nate suite in washington d.c. and for tom hartman here's what's coming up tonight on the big picture on most news
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outlets were busy covering the situation in ukraine today president obama releases do twenty fifteen fiscal year budget what are the highlights of this plan and is it enough to put the age of austerity behind us for good also george zimmerman's lawyer is calling on lawmakers to make changes to florida's stand your ground should first law but isn't it time to take stand your ground shoot first laws off the books entirely and restore some sanity to our judicial system that more and tonight's big picture politics panel and big oil is the only industry in the world that doesn't have to pay to clean up its own waste but what if you made big oil pay to pollute our skies and destroy our environment could a carbon tax be the answer to our environmental and economic problems.
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you need to know this we're not out of the age of us therapy just yet earlier this morning president obama. unveiled his fiscal year two thousand and fifteen budget proposal during a speech at an elementary school in washington d.c. that budget he said as a concrete plan to strengthen the middle class and at the same time shore up america's finances budget i sent congress this morning lays out how will implement this agenda in a balanced and responsible way it's a road map for creating jobs with good wages and expanding opportunity for all americans at a time when our deficits been cut in half it allows us to meet our obligations to future generations without leaving them a mountain of debt. we've heard a lot of that kind of rhetoric from the president over the past few years but this time things appear to be different the president finally seems to be abandoning his endless search for a so-called grand bargain with congressional republicans his twenty fifteen budget
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would actually add fifty five billion dollars of spending on top of the marie ryan budget plan he signed back in december and unlike last year's budget it would not cut social security instead the president's budget would expand the earned income tax credit seventy six billion dollars into funding for preschool programs and really six hundred fifty one billion dollars in new tax revenue from wealthy americans would also close the kind of tax loopholes that let giant corporations like boeing get away with pay nothing in taxes and then spend the savings from those taxes closing tax loopholes to build roads and bridges the president's budget plan isn't exactly the new deal and there's close to no chance that congress will pass it but it's definitely better than the alternative a total cave to republican austerity hawks democrats running in tight midterm elections now have something however modest it is to campaign on and they won't have to explain to their voters why a democratic president is trying to cut social security at the same time though president obama's that budget doesn't appear to go far enough to turn the page on
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austerity in fact a budget fact released by the white house actually celebrates how much the administration has done to cut the deficit pointing out that under president obama's leadership deficit has been cut in half as a share of the economy the largest four year deficit reduction since the demobilization from world war two and while for all president obama's budget doesn't call for a grand bargain that same fact sheet says that compromise proposals aka social security cuts remain on the table if republicans ever learn to cooperate it's good to see that president obama has the common sense not to cut social security during an election year but if you really wants to leave the steroids era behind us he. stop talking about deficits and start talking about what the government can do right now to rebuild the middle class.
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all right with me for tonight's big picture politics panel our staff writer for in these times and carl fresh democratic strategist and partner at both great stretch bullfight strategies carl cole welcome so much so guys and i just you know up high in the sky liberal for thinking that the president could do a little bit more this fiscal fiscal year two thousand and fifteen budget i mean he's now well almost halfway into his second term don't you think he could put a little stronger proposal out there during the midterm election year this is a big shift for him i think and also we need to remember that there's a big difference between budget proposed and budget acted i think this is a lot better than what democrats had to run on in two thousand and ten and it's something that's certainly worth considering i think we need to be cautious in our assumptions that this could ever become law the republican pro congress people are not going to allow this to even hear you know see the time of day but it's certainly a lot stronger position for democrats to be running on than we had twenty two and i
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mean you know i think if you mention that this you know this pledge is not going to become law then if it's not actually going become law and knowing the dynamics of congress i think really it's an opportunity to push for a much more ambitious agenda you know you mentioned it's not like the new deal i think it's a fine understatement you know even members of president obama's own party are pushing for an expansion of social security right now you know that's something that's on the ad that's on the agenda right now elizabeth warren is talking about it tom harkin's talking about it. so the president actually go a lot further it's not just about what you know wins elections it's about having an opportunity to really push the you know the dynamic of the conversation obviously when obama's not necessarily you know yes the democrats politically what wins elections is going to decide who gets to write the budget yeah but i mean i think a lot of these you know. generally populous proposal something that democrats have run on in the past and they found a lot of success on it and you know i think just think it's strange that the president wouldn't want to use his executive position to act as more of a bully pulpit type of way i think the big stuff and debate outside of in these
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times in the big picture is the mainstream media ok and they are addicted to thinking that you cannot be considered serious unless you talk about deficit reduction and fixing social security and fixing medicare i'm not saying these are good things i'm simply saying this is reality outside of the environs of the good liberal media is the mainstream media hoped on these ideas they're not true they're not real but they're hooked on it the president can only do one thing with his budget he can you can put a marker in the ground and say this is what we should be doing he cannot change the way the media covers this stuff overnight i mean i mean i think that's partially his responsibility as you know he shouldn't be defined by how the media portrays him this is right in the right direction narrative this is a step in the right direction all doesn't include a lot of deficit reduction and and it doesn't include cuts to social security there are dinner parties all over washington d.c. happening right now that as we speak saying that president obama is off his rocker is he's crazy how could he not want to cut social security how could he not be talking about the deficit so i mean i just was
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a conversation would be about you know how do we appease the mainstream political conversation in washington d.c. how do we appease the mainstream media even you look at the kind of economic populist proposals that are on the table right now from progressive members of congress those are that's a majority you know taxing wall street more financial transactions tax group. expanding increasing corporate tax rate increasing income tax rate yeah i mean i think there are a bunch of general you know democratic strategy issues that need to be worked out but it definitely is as carl said it's nice to see that the president at least on a very basic level is not acting like a deficit hawk anymore so moving on missouri governor jay nixon or the letter to secretary of state john kerry this morning urging him to approve the keystone x.l. pipeline he said the approval and construction of the keystone x.l. pipeline will. strengthen our our our economy create jobs and promote north american energy independence he nixon's indorsement of the keystone project comes just days after hundreds of anti plant processors were arrested at the white house ok karl so the obama it made him ministration is really facing two fronts within
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its own party on this issue of the environmental people you know the people that were arrested outside the white house and then you have red state democrats people like mary landrieu and then governor jay nixon that are urging the president to the poor and hungry for the juice of jobs right do you think you can really think he's actually paying attention i hope he does take attention to the environmental community which is you know the human race. it here's why ok i get to see my my grandmother who is now a great grandmother later on this month for watch. i fear that if we have personally like she start excel that i will never be able to have lunch with my great grandchildren. and that's something that we should be taking into consideration we should not be approving these kinds of projects when you've got the best of the scientific community saying that they couldn't fact be the point of no return yet we need to take these things seriously you've got a conservative movement in this country that is trying to hamper the e.p.a.'s
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ability to use the the. clean air act to regulate greenhouse gases that cause and worsening climate change we should be doing things that are going to make it even more difficult for the e.p.a. to do its job and leave an even bigger mess for them to clean up and call you know this is an issue necessarily where it's just a divide between red state dems and the environmental movement there's also a divide between the environmental movement and the labor movement you've talked a lot about that in your reporting and in these times how real is that divide and could it actually threaten the democratic party's future coming the next coming years you know i don't know about the future of the democratic party. conversation that the people in labor movement are really you know there's a big divide here and basically of the labor movement we shouldn't say just the labor movement in general support some keystone x.l. pipeline you have the building trades federation department within the a.f.l.-cio the support of this pipeline you know they have their convention coming up next
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week in washington they'll be talking about export terminals for liquid natural gas so you have a wing of the labor movement that is that is very much advocating that agenda. and you know that's a big divide labor movement so in real quick karl do you think if the price if president obama does approve the keystone pipeline it will in any way impact democrats' ability to get out the vote in midterm elections maybe on college campuses i don't think enough has been done to make this a big issue frankly. you know it's already hard enough to break that mainstream media filter to reach people who are not like the three of us reading the paper every day reading the blogs every day reading you know watching cable news most americans see cable news in the bar or in the airport or when they're changing channels in you know hopefully this issue becomes a much larger issue a focus but in tell the i don't think it changes an election one way or the other it might make it more difficult in college towns to get out the vote but i can't see it doing that in much of anywhere else except for the communities that are
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impacted directly by the pipeline yeah and i think that's what's so frustrating about you know the possibility that the president may approve it is because this is such a symbolic and well you know talked about issue there's a really big chance here for him to turn climate change into a populist issue into an issue that every american can understand and talk about in regards to soundbites and if he doesn't end up approving the pipeline i think he's really lost a chance and that's where the labor thing comes i mean labor in the environmental community were at each other's throats over autumn emissions and when they started making hybrid vehicles more jobs for labor more jobs like that and if you know we're building wind turbines and solar farms more jobs for labor exactly guys we gotta go for now but when. be right back more of tonight's big picture politics panel right after the break.
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we welcome their innate and abby martin to the two of the coast guard t. network. it's going to give you a different perspective give me one stock never i'll give you the information you make the decision. breaking the. revolution of the mind it's a revolution of ideas and consciousness. with the system struggling. would be described as angry i think in a strong. single. join me. in part and finance commentary for news and much
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much. only on the bus and. welcome back with me for tonight's big picture politics panel our call stanger and carl fresh guys. let's get back to it all right so robert duncan reported to mendota federal correctional institution on monday where he will be where he will serve a two year sentence for doing something that is totally legal in the state of california selling medical marijuana duncan was working at
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a stockton california dispensary when it was raided by federal agents in two thousand and eleven here's the message he gave to president obama via huff post live just moments before he surrendered to the authorities. you know it's a lot bigger than me and there's a lot more people who are affected by this so obviously it's not too late to. to do something different in to take bigger steps in the direction that the. united states wants this to go you know if you look at the polls a majority of people are for legalization or decriminalization spite publicly saying that he thinks pot is no worse than now call president obama has overseen an average of thirty six medical marijuana prosecutions a year during his time in office all right guys so is there a better advertisement for the legal marijuana legalization of marijuana than robert duncan this guy was you know unemployed he needed a job it was a fifty thousand dollars a year job working at this medical marijuana dispensary all he wanted to do was earn some money but he couldn't because the federal government decided to stick to
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prohibition i would argue that the sick people who need the marijuana are probably a better advertisement for medical marijuana but yeah i mean this is just another example of the problems with the way things are set up right now all right you know the thing the thing with all sticks out to me is you know this gets media attention . you know he may he's a great figure to get media attention because the nice boy last night is what about you know i really feel for a miss is too bad for him but you know you think about what who are in drugs affecting most obviously it's people of color make about thirty percent of the population sixty percent of the prison population in this country so and lot of that is for nonviolent you know drug yet we have to ensure that you know african-americans and white people smoke weed and use marijuana at about the same rate but the rest disparities just absolutely insane its own lives and what was left of your. understand the prosecution putting out statements about how great the guy. was awesome care what it was yeah they were for a person the same learning everything about about this guy yeah i just think you know one of the one of the interesting things about marijuana policy these days is
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there's a certain amount of libertarian there's a lot of libertarian emphasis on it that you know i want to smoke weed and i don't want the government to come in and tell me not to but at the same time that takes away a lot of discussion about how much the war on drugs has been part of an endless war on the african-american community in general and you know i think it's unfortunate that people like robert duncan get a lot of the coverage when there's a whole area to the war on drugs that's more complicated than just i want to you know participate in the marijuana economy there's such a big picture to it and you know it just doesn't get covered. and that being said you know i there's been a lot of this happens to do with a lot of the problem with marijuana policy a lot of the discussion regards to medical marijuana arrests has to do with the prosecutor of prosecutorial discretion and the obama administration you know is getting blamed for that made which may be unfortunate but do you think there's a degree to which democrats are getting left behind in marijuana policy discussion not only because they're saying the other day on washington d.c. the city council passed you know legislation to decriminalize marijuana so i think
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that this is going to be a discussion that's had all over the country it may have some roots in libertarian politics but it's got some of the roots in liberal politics as well this is one of those things that i think is only a matter of time before it's legal across the country and now that members of congress can get high without being arrested in washington you know finally see. some of the congressman from florida that had to resign because of his his arrest he could still be serving his constituents today if the city council acted earlier that would be great for america all right sky's c.n.n. legal commentator mark america who is george zimmerman's defense attorney says that he thinks there should be some tea. changes to florida's stand your ground first law he's sending it to a proposal to the florida bar that would give judges the discretion to decide when to include stand your ground instructions and jury instructions america told reuters that judges should only include stand your ground and start instructions
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and jury instructions when the statute is quote relevant to the case at hand is this going far enough or do we need more substantial changes to stand your ground laws throughout the country i mean i don't want to get rid of it in general i think a lot of people would you know another case that hasn't gotten that much attention was numerous alexander in florida woman who fired a warning shot wanted to benefit from the stand your ground laws and warning shots because they were actually still doesn't it yeah exactly and she's facing up to sixty years in prison for that and the just this week. so human it's a law that feeds into a racist system and it's a law. on the books in this country and i guess one of the good things about malcolm and mark america may not talking about this is there hasn't been a lot in the mainstream media discussion at all about the jury instructions that think the general consensus was in both the george zimmerman trial and the michael dunn trial that stand your ground didn't play any role in the case because there was no stand your ground pretrial hearing why do you think there hasn't been much
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mainstream media discussion of the jury's destruction so far because you're asking the media to participate in any shred of depth and they don't. you know i talk about mark o'mara wanting changes to the way that this law is applied i'd love changes the roster of contributors of this event i don't know why this loon is allowed on television you know just because he happened to be involved in one of the biggest cases you know revolving race in this country in a long time doesn't give him any more more ability to speak to these issues than anybody else if they want to talk about some experts if they want to talk to some experts on c.n.n. about the laws part to cali or lack of practicality in the way that it's implemented they should be talking to the families of people that are impacted by this yeah it just seems upsetting to. they would just make a hero out of this guy mark o'mara for me this century exploited a loophole and a very terrible loss i have a feeling that he's probably having trouble finding clients and that's why he's trying to soften the image here. cole i mean in the state of florida you know he
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knows the subsetting thing to say but who knows you know how many more clients just given the way that things seem to be going down in that state yeah i just think you know it's pretty ridiculous that the mainstream media would focus so much on you know mark america grandstand on this guy but not talk at all about the jury instructions you know it seems to me an essential part that they haven't really that they've left out completely all right call stengel or call fresh thanks so much for joining me thank you i mean. the verdict in the michael dunn trial proved once again that there are two standards of justice in this country even though our constitution says that everyone has equal protection under the law not everyone gets fair treatment as tom pointed out and as tom pointed out recently thanks to stand your ground and shoot first laws it's basically illegal in some states for a white man to call a black man as long as they can convince a jury that they were scared that black man. the michael dunn trial has all but proven that it's legal in red stand your ground shoot first states for a white man to kill a black man simply because he's afraid of black people and just
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a few months ago the supreme court said there's no longer any significant racial discrimination or animosity to america and its ruling on the voting rights act so with that in mind let's take a look at how things really are american say when it comes to racial equality in response to the jordan davis case the trayvon martin case the folks over at color of change dot org of launched a new campaign titled black lives matter they're calling on americans to take action to help prevent the loss of another trayvon or george they say join us to bring an end to stand your ground and other shoot first laws that undermine public safety senselessly put people at risk and enable the kind of tragedy we witnessed in the case of jordan davis one main goal of the campaign is to convince white americans that black lives are just as valuable as white and the most black people are not scary but they're just like you and me. right now across the web black
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americans are tweeting and posting pictures of black kids doing things that all kids do regardless of their race using the hashtag dangerous black kids and or relate to her no has compiled some of the tweets over at her horizons blog twitter user rice about tweeted out a picture of a black child playing baseball with a caption dangerous black kids get ready to steal meanwhile twitter user neil curry her tweet tweeted out a picture of a group of high school students many of them black with the caption they gave there's a very high school of b r o t h e r s is dangerous because they feed the homeless as dangerous black kids and like twitter user bugs act tweeted out a picture of her two sons with the caption my son is looking super scary one serves this country other serves student athletes with disabilities as dangerous black kids. but these tweets and photos are trying to do is wake americans up to the
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fact that we're all just humans here regardless of skin color you think that the obvious but centuries generations and in recent decades and years of largely white owned and program media in america have repeatedly portrayed blacks in a variety of negative stereotypes from the early days of actor and comedian al jolson in blackface on the screen dancer my mind the marketplace on t.v. blacks are often characterized as subservient or dumb in popular culture today blacks are repeatedly characterized as criminals pimps drug dealers gang bangers the scary images been promoted from movies to music to television even the president of the united states is not a new when he used the word ass of a t.v. interview a few a few years ago drudge and others on the right screamed obama goes street street of course being code for angry black men. the result of media and popular culture portraying blacks as more likely to be criminals is. they're far more likely to be
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treated as criminals even when they're not jason robards a white man and a host of the you tube channel simple misfits decided to make a video to show the double standard that exists between white men and black men take a look at what happened. here and hear the difference between how people react when he tries to break into a car versus when i try to break into a car that's lined up. at will typically nobody hears that here for thirty minutes and there's a copy i want to leave if you try to stop me lessons that have been going for interviews that it.
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was. just. two minutes because our largely white society and culture is biased to think the black people are scary and white people aren't robbers videos a great example of what goes on all across america every day it's time to go beyond these recent stereotypes it's time to strip the stigma that's been associated with dark skin since the early days of slavery in america time for white americans to wake the hell up and realize that we're all humans black white asian it doesn't matter we're all just humans it we're all just trying to get through life as best we can we need to start doing some serious work clean up the best four years of slavery and discrimination and parts of us. that's left in our country and both
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poverty and races and it's time for white americans to wake up and help heal this country of four hundred years of self-inflicted it's. coming up ireland has always been known as the emerald isle and thanks to the hard work of a few brave lawmakers it's now a whole lot greener the reason why right after the break. we'll look at. science technology innovation all dillies developments from around russia we've gone through huge you're covered. wealthy british style.
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market why not. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports . for the new a little more than a lot these. days and i think you're right. it was. a pleasure to have you with us here on t.v. today i'm sure.
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in tonight's green report conservatives yes conservatives are calling for more environmental regulations well in canada at least former and current canadian leaders are calling for more environmental regulations arguing that canada's increasing reliance on tar sands oil puts the country in a quote precarious position considering that the country has in the past had a strong record of environmental achievement former environment minister jim prentice said that as conservatives we can't be in the position of providing our political rivals with the opportunity to patricia says out of touch with the values of canadians and the values and the prevailing sentiment the global community he went on to say that canada needed to work with the united states to enact stronger greenhouse. gas regulations and big oil one way the u.s. can enact stronger greenhouse gas regulations on big oil is by creating a carbon tax big oil is currently the only industry in the world that doesn't have
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to pay to clean up its own waste and said you and i are forced to pick up the industries tab and deal with the consequences of its trash if big oil had to pay to fill our skies with c o two suddenly green energy alternatives would become more affordable and our environment would see major improvements and our economy would improve to the idea of a carbon tax is nothing new either concert countries across the globe have already turned to carbon taxes to help improve their economies and the overall environment one of those countries is ireland and recently tom had a chance to speak with him and ryan former minister of energy and communications of ireland about the emmer dials carbon tax success story. joining me now from dublin to talk more about ireland's experience with a carbon tax is a man ryan former minister of energy and communications of ireland and now the head of the green party or mr ryan welcome. thank you very much and do good to talk to
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you thanks for joining us what motivated carbon to create a carbon tax and how did you go about doing it. it took a long time i guess we were looking at it from the late ninety's and it took almost ten years before it was introduced in two thousand and ten and maybe not time it was used for in some way we got a lot of economic analysis done to show that if you introducers and you use the revenues to reduce labor taxes and to protect people against fuel poverty and invest in new green energy systems that actually does your economy good it gives you a net gain to the economy it raises activity it cuts down the expensive imports of fossil fuels as well as cutting out the carbon so we were in government in two thousand and seven two thousand and eleven and it was one of our kind of commitments to try and deliver i was glad that we were able to do it and i suppose glad as well just to see it working you know the world didn't come to an end it wasn't an easy thing to do politically but the figures for our land i think show an
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example that you can actually start cursing out the carbon and your economy still holds up and we went through a difficult period in our economy but but the actual green economy has done well and i think it's a lesson for the rest of the world not you know work and work good people say look at scandinavian countries they're always doing the right thing maybe aren't is a nice example because we're perfect sinners as well but the same time we were able to do it and it worked how does the irish carbon tax for. we did vantage and i suppose we're an island and it was fairly simple to introduce it in the sense that you put we put it at the point of entry so as an orange ship comes into the into the port of cork and the port of dublin our culture comes into shannon river we're able to put the tax at the point of entry and that's a big advantage because you cut out the expense of collecting those and it kind of trick it's true the rest of the economic system so you put it on the oil tanker coming in or you put it on the cologne culture moment. and then it applies in in
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a myriad of different ways it's not a huge tax you know it accounts now for about one percent of our overall tax revenue but it's a signal that it's one of if you put it in as one of several signals it starts to have that effect in even areas you don't expect you know in improving your energy efficiency in your homes or improving industries energy efficiency when they see a carbon tax in place people know that they can invest in alternatives that actually cut out the use of fossil fuels so that's a big advantage we had is that it was able to be fairly easily introduced at the point of entry it applied on on every aspect of transport he's showing a. new kind of a trickle through the economy now to a. and and was reasonably easy to to collect if you were to translate ireland's carbon tax into. dollars or euros for ton of carbon and that do you know you have a sense of or even an exact number for what that would be and how likely are we
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going to get carbon taxes you know a little. roughly twenty five dollars a ton twenty twenty euros a tonne whatever the current exchange rate is so we originally set it up i suppose to mirror the european union has another way of pricing carbon called emissions trading scheme and we set it up to match. mirrored that in that price that exists across europe now the emissions trading scheme the sun soon fall into a very low price but our carbon price this trade. saying i did stuff consistency that you you know it's twenty euros a tawny whatever different up to cation that it applies it raises about four hundred million euros in tax revenue and in terms of arms going through different economic situations so we needed to balance our budgets and the carbon tax i suppose provided about twelve percent of the just meant we needed to make on the tax side so we were fortunate in some ways in the revenue situation was very difficult and we were able to apply the carbon tax to help on that side but the real benefit is the signal that gives to investment in other areas and out of
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prison ireland we've had bad benefit i mean we are firstly we're a very exposed ninety percent of our energies imported fossil fuels so we need to cut it i was and what we've seen in the last five years is we've doubled our amount of our new but energy supplies we saw a twenty five percent improvement in the efficiency of new irish cards and so does both sort of signals and there was another in the car tax side we did some other measures around car tax to kind of help that happen i suppose but the message the public one is it's not popular it's not easy to introduce it but every new irish car going into the to buy gasoline is spending twenty five percent less than i would have been had we not sent those sort of price signals so it's not easy to introduce you know no one should should underestimate the difficulty but the benefit for the consumer is even if through those signals you can cut out the wasteful use of energy that everyone's saving money and it more than covers the cost of the carbon tax in the first place now there's irish carbon taxes first
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proposed by the irish green party which you're the head of right now what how do other political parties react to it have you found any interesting coalitions or alliances with parties that you might not think of as typically being concerned about global climate change or the cost of carbon. i think we have the advantage here in that there was broader complete consensus around this a transition towards a clean energy future that maybe it seems to. in the states and i'll be honest i don't think it's easy to introduce this if it's turned into a left vs right or by republican versus democrat issue i think a key way of getting it getting it through is actually getting bipartisan agreement and i suppose if i was giving advice to the states where it is a current issue you know we know the budget negotiations you have ahead of you still isn't resolved surely it's one of the measures that actually could get some sort of bipartisanship support because in a sense it's leaving it to the free market to decide what sort of technology foster
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solutions you want to develop putting a price on carbon actually leaves the freedom of the market to actually work out plus the best way of doing that rather than a whole myriad of different government interventions so i think we were fortunate here where we introduced it that there was reasonable broad support for it i mean people play politics with the to a certain extent but we were able to introduce it because we could build stuff sort of deal across the house and i think that needs to happen elsewhere otherwise it becomes a political football and people scoring points and to be honest the public opposition then it's a real problem citing the first precursor to get in some sort of agreement is getting some sort of deal with parties different sides of the highs and then i think once you have that then you're you're you're one tenth of the way they're aiming ryan thanks so much for being with us and. thank you dave. many on the left are natalie that's. when the obama super pac to the phones on mr miller
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get results. for tonight's politically correct it i'm correct in the conservative print media yesterday the united nations' intergovernmental panel on climate change at b c c released their fifth assessment report on climate change and global warming in the weeks leading up to the report's release a number of conservative media outlets made false claims about the report and its findings and editorial the washington times on september fifth claimed that the report would admit that the planet has been included not warming but the i.p.c.c. report makes it quite clear that the world is definitely warming and the war meanies are being driven primarily by human action an article in september twentieth washington examiner columnist iran arnoldo wrote that the i.p.c.c. report would include a stunning. peer of all forecasts of eminent planetary catastrophe to work out a straw for where we're all on in reality the i.p.c.c.
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report specifically notes that actual temperatures are consistent with past i.p.c.c. projections and computer models conservatives are also tackling the i.p.c.c. for being one of the strongest advocates of climate alarmism the heartland institute james taylor wrote an article in forbes in september twenty sixth claiming that the i.p.c.c. is goal is to scare people and implementing the energy restrictions and wealth redistribution prescribed as a cure for the mythical global warming crisis but the majority of climate change experts agree that the i.p.c.c. report is actually very conservative in its findings and approach the new york times found that after examining information in the report on sea level rise and climate sensitivity p.c.c. at times is bending over backwards to be scientifically conservative in their efforts to stand up for big oil and misinformed the american. people the conservative media got pretty much everything wall about the i.p.c.c. that's why they've been correct. in other green news the next report from the
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intergovernmental panel on climate change is due at the end of march and according to the associated press we shouldn't expect good news the a.p. summarising summarized a draft version of the impacts adaptation and vulnerability report and the boiled it down to the fact that we're just not prepared the a.p. said that the report warned that starvation poverty flooding heat waves droughts war and disease or likely to worsen as the world were warms for a man made climate change chris field a co-chair of the working group drafting the i.p.c.c. report said that we are simply not ready for the extreme weather we will experience he said quote i think if you look around the world that the damages that have been sustained in a wide range of climate related events it's clear that we're not prepared for the kinds of events we're already seeing another words we're not even ready for the extreme droughts floods and super storms that are already occurring and we're not
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doing enough to prepare for the fact that these events will only get worse the last report from the i.p.c.c. warn that our window for impact on climate change is rapidly closing but it's not shut yet our world must prepare for the extreme events of today and of the future and we have to act fast and fight hard to prevent our planet from getting even hotter. coming up by twenty fifteen gun deaths are expected to overtake traffic fatalities as the leading cause of non-medical deaths in the united states so why don't we start regulating guns like new cars and require all gun owners to have liability insurance tom we'll have more on that tonight's take.
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i would rather as questions to people in positions of power instead of speaking on their behalf and that's why you can find my show larry king now right here on our t.v. question or. i
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marinates join me. in that impartial and financial reporting commentary interview and much much. only on the bus and only on a. leash and scarf or some. such thing as the finish line of the marathon. and now it's time for the good the bad and the very very easy cast the glee ugly
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the good alan simpson yes that alan simpson today the former republican senator joined nineteen other conservative lawmakers from western states and asking a federal court to strike down bans on same sex marriages the brief filed by those republicans argues that same sex marriage and hanson is the institution of marriage as they put it marriage is strengthened and its benefits importance to society and the social stability of the family unit are promoted by the legalization of same sex marriage an overwhelming majority of americans agree that same sex marriage should be legal go to alan simpson and company for putting politics aside and doing what's right for the american people the bad congressman steve king well it's just when it seems. like the congressman steve king can't possibly say anything more outrageous or offensive he finds a way one sunday king said that he was disappointed in the arizona governor jan brewer's decision to veto
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a highly controversial bill that would have allowed business owners to discriminate against the gay community he also said that people would be being gay to win lawsuits and went as far as to say that being gay is a quote self professed behavior take a look. in the private sector and you're you're an individual entrepreneur with god given rights that our founding fathers defined in the declaration you should be able to make your own decisions on what you do in their private business and i am always uneasy about the idea of the philosophy of the your private slash public business because you have a door that's open that anybody can walk in that doesn't mean that you have to perform any kind of service that they demand although we have it's clear in the civil rights section of the code that that you can't discriminate against people based upon the measure about the list right but race creed religion color skin those kind of things and there's nothing mentioned in there on self professed behavior and that's what they're trying to conceive king to think that people are
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going to fake being gay just to get a few bucks and very very ugly rush limbaugh during his radio show yesterday the conservative talk show host complained that twelve years a slave only one best picture at the oscars because it had the word slave in its title take a listen there that movie didn't win. there's no way that movie was not going to win if it was the only thing that movie won it was going to win best picture there was no way it didn't matter if it was good or bad i haven't seen that it was going to win it had a magic word in the title slave. bear with me for a second but rush is actually right the academy did give twelve years a slave back to best picture because it was about slavery african slavery is a blemish on our past and any movie that is able to talk about it talk about such a painful issue and educational and inspiring a way deserves an award rush however seems to think that confronting history is
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political correctness run amuck and that is just very very ugly. crazy alert legend of zelda real life edition video games fans know the story bad guy captures princess hero fights bad guy hero saves princess and then both of them live happily ever after it's simple yet relatable plots like this that have made the legend of zelda games among the most popular video games of all time i mean what guy doesn't want the chance to rescue the girl of his dreams from the clutches of a bully most of us won't get that chance in real life so we have to play video games instead for one lucky texas man released recently got the chance to rescue his real
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life princess zelda from a real life building villain using what else a real life legend of zelda story check it out. a bizarre story overnight katie one man says he had to grab a sword in a duel with his girlfriend a strange husband it was roughly come from the legend of zelda. to anime conventions and stuff in costume and so i got a. good looks nice and it just so happens to be pointed i pulled it out and i stood in the doorway and he was just coming down the hall at me while. go away you don't live here and he just walked right into the point of our own no if you thought it was a toy talk talk about revenge of the nerds. on
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friday dominick cantrill howell a georgia man accidentally shot and killed his cousin according to the associated press how was sitting behind his cousin in a parked car when he took his handgun out of his waistband the gun then slipped from slap and as howell tried to grab it he accidently pulled the trigger fatally shooting his cousin in the back of his sense admitted to involuntary manslaughter meanwhile on saturday a kentucky man accidently shot himself in the hand with a shotgun will ride in an all terrain vehicle according to the kentucky state police john doughtery was riding his a.t.v. when a shotgun he had on the t.v. fell off and fired i mean doughtery in the hand even the most responsible gun owners can have gun related accidents and unfortunately those accidents can take the lives of innocent bystanders and governor late accidents aren't as few and far
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between as the n.r.a. would like you to believe according to gun policy dot org there were five hundred fifty four accidental gun deaths in two thousand and nine six hundred six in two thousand and ten and eight hundred fifty one in two thousand and eleven and in most cases the families of accidental gun death victims aren't going to receive any type of compensation for the loss of their loved ones that's why it's time we started treating guns like cars we were cop car drivers to have insurance so that should they get in an accident with their card injure somebody or cause damage to another vehicle the victim's injuries or damage will be paid for we recall. why are car owners to do these things because we think it's important to put some accountability into the use of potentially deadly machines groups like the n.r.a. will never admit it but guns are just like cars they're deadly machines that needed to be regulated and that is the subject of tonight's daily take. talk to say representative leslie combs had an embarrassing moment on tuesday during
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a meeting with fellow state representative jeff greer shacks adeptly fired her ruger semiautomatic handgun no one was heard a bullet flat fragments flew all over the room damaging the carpet in a nearby bookshelf as combs told a local news station she was trying to load the gun one off. the sucker way and i d. it and i simply i was going through the process as i've been trying to do ok had it pointed in the proper direction like i've been trying to i was disarmament like i've been trying to do. so at least that i'm a gun owner it happens representative columns is right mistakes happen when you're dealing with weapons like the ruger semiautomatic handgun she had her purse at the end result isn't always as innocuous as what happened in iraq on tuesday ultimately guns are dangerous tools created for one purpose and one purpose alone killing it
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all too often a mistake with a firearm cause a serious injury or death number of unintentional gun deaths every year hovers or so around several hundred gun policy dot org there were five hundred fifty four accidental gun deaths in two thousand and nine six hundred six in two thousand and ten this isn't just in the united states and eight hundred fifty one in two thousand and eleven tragically children are often the victims mother jones estimates that of the one hundred ninety four kids killed in the year after the newtown massacre almost half eighty four were killed by accident of those eighty four children one of them was three year old ryder rozier who shot himself with a loaded gun found in his uncle's bedroom another was six year old brandon hole who was shot and killed by a friend who was playing with a twenty two caliber rifle he found in his house the plague of accidental gun deaths has continued into twenty fourteen just last week. there were twenty three different accidental shootings of children eight involving preteens as long as guns
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are accessible and available unintentional gun deaths will happen this is just reality guns are dangerous weapons and that's why it's time we started treating them like we do cars like guns cars can kill every year tens of thousands of americans die in car accidents cars a two ton speeding metal and if it's not used carefully it can kill people. but owning a car is actually more difficult than owning a gun before you can legally drive your car yet pass a test get a drivers license and if you own a car and want to drive it around at the register with your local d.m.v. and you have to insure yourself and your car we require car owners to do these things because we think it's important to put some accountability into the use of potentially deadly machines however thanks to a tireless efforts by the gun industry and its front group the n.r.a.
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no such system exists for gun owners in fact just the mention of gun registration gets the far right worked up into a frenzy and. in reality though there shouldn't be any difference between only gun you know new car they're both powerful and potentially deadly yet we only require car owners to register their vehicles and insure themselves against accidents and death that's all rageous especially when you consider that by two thousand and fifteen gun deaths are expected to overtake traffic fatalities as the leading cause of non-medical deaths in the united states. just like cars and guns should be registered in the time they're made to the time they're destroyed so there's a continuous chain of ownership anyone who owns a gun should be required to have liability insurance so if they injure or kill somebody the victim or the victim's family will receive some sort of monetary damages every state in the country. should require gun owners to pass a competency test just like drivers do and get
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a shooters license before they can carry or use a gun is just common sense it goes without saying that we need robust going control measures like universal background checks and bad assault weapons closing the gun show loophole but we also need to stop treating guns like sacred cows and start treating them for what they are deadly weapons that require regulation and insurance a matter what wayne la pierre says there is no such thing as an unlimited right. especially when it comes to deadly weapons like with the first about that right you can't just walk into a crowded theater yell fire you should be allowed to own a gun without first demonstrating the society that you're fit to do so and committed and responsible and have liability insurance nothing is going to bring back the hundreds of people accidentally killed every year by irresponsible gun owners but if we started treating guns like cars people would think twice about
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leaving their shotgun hanging around the house or keeping their handgun law. and who knows we might just save some lives in fact we almost certainly would in the process. and that's the way it is tonight tuesday march fourth twenty fourteen don't forget democracy begins with you tom always says get out there get active tag you're it. it's technology innovations all the latest developments from around russia. that's
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huge you're covered. wealthy british scientists are. time to. market. come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into kinds a report. on
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larry king now javed osborne the outspoken reality star opens up about his life changing diagnosis up until after i was a great good health. on stoppable and now and it just was like like a ton of bricks is going to draw for me on becoming a father this want to be having success story in the party oh it's a big day on how he transformed his look at his life you know it's it for me it's never truly defeated you know i would say to my my dictions just in the closet doing push ups plus you are who you are i guess what you know you see these people on t.v. all i was edited wrong i was that wrong if you're a day you going to come across as a big if you're a nice person you're going to come across as a nice person all that stuff on larry king now.
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well going to larry king now today's special guest is jack was born born into a rock'n'roll family he's the son of the legendary rocker ozzy osborne and his wife sharon a few years ago he was given a life changing diagnosis when he learned he had multiple sclerosis and since then he's become an advocate of m.s. awareness and his new website is you don't know jack about m.s. dot com he also has a production company should wait. your your mother is famously thing was for saying whatever comes to a head so should there were about you i think i hold a bit of restraint you know i think it being able to just speak whatever you want is is a good thing but also has its backlash it does her juices to do and she's doing very well very well she's hanging in there she's a great girl she is indeed you're all very close right yeah yeah he's going to i'm
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going out with him it's what was the first sign i guess the first sign was probably occurred about eighteen months before i had my diagnosis my how long will my diagnosis was in may of two thousand and twelve eighteen months prior to that i was . i was twenty or. twenty four twenty three months running my legs went numb for about three or four months i thought i'd pinched a nerve in my back in both legs both legs i just thought i was like oh it's probably something my back but i know you couldn't walk you know i could walk i just i couldn't feel them very well they were they just felt like dough is the only way to read the full doughy and when i had contact with the hot or cold it was the opposite sensation so hot things felt freezing cold and cold things but burning hot who was a diagnosis of the whole are they testing for well i what prompted me to go to the doctor is that i suffered from optic neuritis which was information the optic nerve in my right eye and i went basically blind i lost one hundred percent of my central
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vision and had only i could only see about fifteen percent of my peripheral vision and i went to the doctor thinking it was an eye problem because it was in my eye and then i got to send me to the emergency room where i had an m.r.i. done and they noticed lesions in my brain and that prompted the neurologist to step in and conduct all sorts of tests and and then came the conclusion of multiple sclerosis or was it like when they told you it was. i felt a level of defeat because you know you go through life feeling and you know up until that point i was a great i'm a good health and i'm young i want stoppable and then it just was like i was like a ton of bricks is going dropped on me and so i was just i felt the slated to my daughter been born three weeks prior you know i was engaged and i was you know my now wife and i just i felt like things were going so well and then all the sudden you just get knocked down i was like man what does this mean i did because i didn't
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know it is there first is that it's a precursor to lou gehrig's disease or who goes disease is the ultimate. no and i say i didn't know i didn't know any of that i did for me i just thought it was a precursor because you know my only knowledge of them asked was you know the you know the story about richard pryor that was what i commonly associated with and he had a very aggressive form of a medicine and you know unfortunately he lost the battle to it and and so for me that's where my mind instantly when i was like came over and i'm going to be mobile and it just you know there's a lot of misconceptions that i had. ever think why me of course you know and then there's the why me positive and then there's a lot i mean i get it you know i look at it like you know maybe maybe this happened because you know there's a bigger picture is a bigger plan at play here you know and i've heard that you can overcome is that your motto yeah adapt and overcome very much so and you also want to change the way people think and act about them as obviously having
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a website that says you don't know jack about well what do we know and what is our but pursue what is our perception for me what i did research into what i'm asked was the most common perception was that it occurred in women in their forty's and that's just not the case i mean the the youngest diagnosis of multiple sclerosis was it was a three year old child and so it people think it's a disease of age and then in the automatic that you know perception is all you become immobile you no longer able to function at a. the level is the same as everyone else and that's just not the case you know there are amazing treatments out there there's you know in the last ten years alone there are you know close to i think ten treatments now bailable people with you know m.s. and it's very unstable when you take i'm on one i do a daily injection and you know touch wouldn't last. two years and made since i've had a severe exasperate and so you know what is the most covered thing that occurs to you the most common thing that i feel is tingling in the legs or like shooting
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pains just it's like no pain because that's essentially what i mean it's attacks and i've heard some friends who have and they say the worst thing about it is depression yeah you know i i have noticed that you i you know i do have these little bouts of depression and and you know i just try and fight through it the best i can. and it's it is it is a common problem what do people learn when they go to your site i think people will learn that there's a there's a lot of resources on the st there's a lot of information just about you know the who what when where how of multiple sclerosis and then we've and then i put together these little docu series many you know many reality episodes if you will of just kind of you know my life now with m.s. . and everything from me a man on the street interviews of people to following me to my doctor's appointment to seeing kind of my daily routine and things like oh often you go to a bafta i go about once every six months unless there's something going on do you
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feel your daughter get a good. it's definitely a you know something that popped into my hand because there is there's a little bit of research data should proving that it is hereditary you know my uncle he has it but it is that they say about five percent of cases there are signs of any hereditary you know connection there is that lead to a length of life supposedly it can reduce your life expectancy by about ten years but that's a very there's not you know a lot of that's more speculation i think than anything how did you finally take control of this you know i the eye doctor the motto adapt and overcome i was like all right this is what's in front of me i need to figure out how i can walk with this and you know obviously live with it as a part of my life but still function the way i want to and so i did research into medication and i found a medication that you know was for me made the most sense. and now and i started
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adjusting components of my life to just to help you know low stress like you know they tell you when you get diagnosed minimize stress get a lot of extra sleep and eat right that's kind of the recipe for everyone. so i just what do you do for a living well i have a t.v. production company and i host a couple t.v. shows so you know i'm busy that have a but i feel better about it jane joyce though i want to put up a picture of early early jugglers for ms judd does form as a backbone was a. valve was probably i was about seventeen years old so eleven years ago lost a lot of weight yeah well my demos motivate you to do that no no this was i been i've been sober about eighteen months i think as of right when i got sober the picture had been so right well you had to i had a pretty bad addiction to alcohol and pharmaceuticals so runs in the family yeah
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diction does the biggest misconception above us i think the biggest misconception is that you put your most of the time confined to a wheelchair i think that that was my person i was usually encases and that's people in severe you know late stages you know of multiple sclerosis what happened to stars earn stripes where you fired from birds roche a gem b.c. give me the story ok the story with that was i had just been diagnosed with m.s. it hadn't we hadn't told anyone we hadn't done it you know anything and i got a phone call to participate in a show on n.b.c. and i went in what was the show the show was stars and stripes which is which was a reality show where they took you know celebrities and pad them up with members of the armed forces and you went through a very very kind of swat challenges and things like that. and i met with and we see i was the first person to say i'm in. and i told them in the room is
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like hey listen i got diagnosed with an ass is this going to be a problem they said absolutely no will we're behind you on this i received an e-mail shortly after saying welcome to the n.b.c. family and as. things progressed they started to kind of pull back all the all the while my contract had been negotiated i had a you know assignable coffee ready to go and then last minute they turn around and say. no you know you're not on the show because because you're too much of a liability multiple sclerosis and we feel because it was it was life i actually shooting real real weapons one of their concerns was that they felt that i could mishandle a firearm and accidentally shoot something reserved understandable or not understandable from my perspective completely not understandable i was fully able bodied and that was what probable why i got so upset was because there was the misconception as you
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seem to know now i've been i didn't feel the need to your mother quite a show because you know she there was a many reasons why she i think why she quit n.b.c. i think that was the straw that broke the camel's back though was there a villain the n.b.c. . was there of i don't think there was any one person that that was the only go higher up the ladder it went very high up the ladder and it was you know who was running n.b.c. it could turn green bought green green green green. are you bitter no i'm not bitter because at the end listen i well i work in t.v. i work in production i understand the. the the issue of insurance but what i was upset about was the way that they handled it you know instead of sitting me down and being like hey listen you know we'd love you to be a part of this we don't think it's right right now it was like this it was like this dismissive like got a bug oh yeah i get is a lot because the i was all of a sudden i was being typecast as a disabled person when i've been on dancing with the stars and also stars as
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awesome finish third great finish there and indeed and it was they had no problem handling no problem and that was a much more grueling schedule what's it like being a father being a father is the greatest gift. my daughter will be to in april and it is the best i mean she this morning we had a success story she peed the party very very successful times so it's good you know it's a big yeah it's things like that which i get excited about. big deal changing from partying to changing diapers yeah it is it is yeah it's get was quite a quite an adjustment but you know my wife is an amazing person and she is you know . i just feel so fortunate that. i met her at a nightclub because kelly a good aren't you kelly is a good aren't when kelly isn't juggling nine hundred things and you know and even when you can met when you can get kelly in one place she's a great aunt about sharon's a grandmother she's
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a mom and dad was funny but they don't oh yeah i mean they will do anything for paul she's got to run a finger the other morning i was out of town and my wife was staying at my parents' house and she woke up and she goes papa please it was the first thing she wanted to go see my dad. they got along very well and zazi a great guy growing up my dad was you know there were some amazing qualities about my dad and there was some of see beyond the obvious you know not so great qualities but i you know i'm not one of these people that. thought anything my dad was did was horribly bad you know my dad is my dad and he's a great grandpa is an amazing grandfather. jack talks about overcoming addiction of the show the latest family thing with. america is joining me. for that in parker and financial reporting commentary
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contributes and much much. only on bombast and on. cross talk rules in effect that means you can jump in anytime you want.
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i'm. a. big corporation trying to. write all that. money and other than that for politics right. here just two. days. to bed with jackdaws more look talk about sweet as well with a while but first philip seymour hoffman just died an overdose or a drug overdose you dealt with addiction what was your reaction to that story it's so sad i mean any time that you hear about anyone dying of an overdose it's so sad because it's something that could have been avoided and it just it shouldn't it shouldn't happen but it does you know that's that's the nature of disease of
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addiction you know it it is no holds no prejudice no you know it doesn't matter how wealthy you are you are it's the it's the ultimate equalizer as the great actor richard dreyfus who had a problem why would successful people need an escape and he said i don't know i just know they do yeah do you ever think about that like oh absolutely famous family you know you have a lot going for it what were you why did you need. it's. you know the fame game is it is it is a prickly beast you know it has these amazing components to it and it has you know the parks are amazing but there are downsides to it and some you know at the time you know when i was a teenager i was in prepared to deal with those downsides and i and i turned to alcohol and drugs to to help me because that was the only thing that kind of made the pain kind of subside you think you inherited some from your bed absolutely you
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know it is a big there. hundred percent believe it or addiction is that you know you have guilt over that i think there was a time that he had guilt over it i don't think he does necessarily anymore. but i know for a time he did how did you defeat it you know it's it for me it's never truly defeated you know i was so you know my my dictions just in the closet doing push ups. it's the moment i pick up you know a drug or you know take a drink i don't think it's going to be a long you're sober it'll be eleven years in april. you know horrible relapse you know but it but i you know i like to maintain a you know strong and active role in recovery and you know and i feel like by the age seventeen your family becomes the first celebrity family and i guess you know when the t.v. right you put yourself in their position looking back good or bad looking back i mazing it was it was the it was something that was i never anticipated i never saw
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my life going down that road you know my my goal was i was going to work for a record company i was going to join the military so i wanted to do and it opened up a world to me which i never ever would have thought would have happened no resentful no it was a time you know there was shortly after the osborne's when when things were still very intense i was i was resentful at the fair we get closer. no actually it pushed us apart for a while and it took a win it for things to you know the wagons to circle again. you said once that there was the jackdaws war and my parents knew that jack was one of my friends you know in the jackdaws one the public knew all of the differences well you know the jackals when my parents knew was still a little boy the jackals all my friends knew was the guy doing a lot of drugs and partying and the jackals on the public knew was this strange kind of you know mixture of both with it with a bit of you know insanity you talked about being dyslexic there's still
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a fair few i think it does and some ways you know i but i just fortunately you know i've landed in a place where i had it while i work with it instead of against it and i went to a school for a long time to help me you know function to a degree with dyslexia i gather from sitting with you you're in a good place yeah i feel like i'm in a really go order helps absent you know family for me is is paramount you know what is wheat sweet is my is a company i started with two friends of mine and it's a television production company and we've been producing t.v. shows now gone on to two years or corrosion of reality based shows where the show next year wild which is following guys a train dogs for the military and police we saw the pilot nat geo after that and now we've got a bunch of other other pilots on the website below the website it's doing very well it's going to a lot of traffic and it all seems to be pretty positive sort of people mobile go to
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it you can just google search you know you don't know jack about m.s. or you know on my twitter or anything like that you can find so you can you keep being constantly busy pretty much yeah yeah i i really have a day off ok. do you ever miss what was limelight not not really because i still you know i still live by hope the shell fuze you know how to shawn side by so it's you know i it's just not what it used to be and i like that you know back back when we did the osborne's it was like it's madness and you know i like privacy i like you know having control a little bit more of what people see and how they see it sharon was with us recently the parents would for all or yeah whatever rocky moment oh you him with you know ultimately my parents' relationship is their business you know i you know as a son you know of course i'm affected by what happens but i just turn around as i listen
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whatever you guys do i'm going to support you both individually. as long as you guys are in the right headspace for making that decision and so it was tough though it was it was a strange concept for me because you start thinking about well what happens now what happens it christmas when i was a birthdays like does that mean you know my mom is going to be dating a new guy like why is my dad going to be dating it was the weirdest thing to me. but you know i'm glad that they were able to resolve whatever is it they need a result what's the osborne's like when you're all together when we're all together usually it's just a little one with the baby yeah i'm the one with the baby so usually most attention is focused on the baby and we try to get together at least every sunday for lunch and we hang out for a bit doesn't as you go about doing all he does but right now he's not touring so he's home he usually my mom and dad usually like to be we're ever you know one of
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the other is sort of my mom's in england he'll go do you think of your dad's music i am a i'm a big big sabbath fan i love god you describe that music black sabbath you know people think every metal but it it is having metal but it was it was more bluesy that you know you listen to it and it's very blues inspired hard rock and it was you know it was you know it's good stuff and we have some social media questions or meg tweets for those newly diagnosed with m.s. best advice she would give. best advice i would give is don't go to too deep into the internet the internet can be an amazing place for not for information but it can also take you down some really strange roads so i would say you know take things slowly and don't don't get too deep listening to dr listen and after a while of course first and foremost listen to it all go to your website yeah go to you can go to my website cause shelton of facebook wrote i really love you on
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dancing with the stars do you teach your wife how to dance after the show and do you still dance. i the last thing i want to do after the show is done for a little bit. you know i would joke around my wife i don't really get too deep into teaching and i would like to still keep dancing on it's rigorous so that's you know is that our job is crazy they ask me to do it like ten years ago. i'm going to delete that word out i wouldn't do that. it's definitely going to tell i've become an election issue no. i mean i definitely thought the same so why not see what happens no regrets over that no i had an amazing experience coty job around the facebook do you feel like there was too much editing or that you were all portrayed in ways that were fair or accurate on the reality show you know what one thing a blind about reality t.v. is that. you are who you are like everyone you know you see these people on t.v.
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i was edited wrong i was at it wrong if your deck going to come across a day if you're a nice person you're going to come across as a nice person i was a crazy sixteen year old kid who had an awful lot of you know the weight and anxious leeway and access to a lot of substance to his most teenagers don't how you were noted wrong they are you were right i was i was a bratty crazy tread we lived in the show the game called if you only knew just what movie your first kiss first kiss i think it was one of my sister's friends house it in cliff soul i think i was maybe eleven i remember her name oh my god most embarrassing moment most embarrassing moment probably. two thousand and one it to about two thousand and four when we did. the whole show just them about the whole three year span something no one knows about you something known as about me . let's see. the
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reality show you know yeah there's a lot people know about me person you most look up to person most look up to probably probably my mom. they would food favorite food italian best part about fatherhood. the excitement of milestones with a baby. and they come more often yes they do pet peeve pet peeve i hate picking it is he will complain about food and people send feedback oh yeah i would never send food where do you see yourself in ten years. still still working in t.v. to some capacity. something like that word maybe i just said it favor yeah i think you haven't even got that one covered person you'd like to model your career after . probably. i don't know probably you you've got a pretty you have got a pretty good run larry and a pretty good run thank you for that if you were three words to describe yourself
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not quite sure. if you were stranded on a desert island one of three things you couldn't live without i would bring a one of those wind up radios so you could still hear what's going on in the world . definitely would need a pocket knife bad girls has taught us that and maybe. it's the italian food the funniest person you know five person i know would probably. prime my best friend the best friend jamie who we really do is funny guy so funny we just most most of the time we spend a guy who's best man i where they notice us three years old person the most like to meet a person and most like them. i would have. passed the president or still cat anything i would have liked to have had a cup of coffee with jefferson. bed. if you look at yourself do you ever
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say i had too much too soon absolutely one hundred percent. you know it's something i definitely recognise however. i don't resent that because i got through it and i think if i hadn't experienced what i experienced a young age i don't think i'd be where i am now how did you feel when your mother stood up to n.b.c. for you. it was you know you got rough on them my mum did get rough on n.b.c. yeah she she's not not too fond of the camp over the. you know it was. at the time i was like yeah you know then i was like hey you know want it doesn't have you know my mom is very outspoken she loves to just be like this is one think in and i let you know about it. i thought things could've been handled better on both sides so n.b.c. could have handled things better i thought you know our side could handle things better thank you jack i'm very much ok thanks to my guests yeah guys want to check
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out his website you don't know jack about them and you can find me on twitter at kings things i'll see you next time. technology innovation. developments from around russia. the future covered. i think. we're going to go digital the price is the only industry specifically mention of the constitution and because that's because a free and open process is critical to our democracy shred albus. role. in fact the single biggest threat facing our nation today is the corporate takeover of
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our government and across several we've been a hydrogen lying handful of transnational corporations that will profit by the screwing what our founding fathers once told us my job market and on this show we reveal the big picture of what's actually going on in the world we go beyond identifying the problem to try rational debate and a real discussion of critical issues facing america if i ever feel ready to join the movement then walk a little bit of. a .
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wealthy british style. that's no time to write the finest little. market why not come to. find out what's really happening to the global economy with my stronger for a no holds barred look at the global financial headlines and tune in to kaiser report on our. you should starforce. looks at the finish line up. on.
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what. i know c.n.n. the m s n b c news have taken some slightly but the fact is i admire their commitment to cover all sides of the story just in case one of them happens to be accurate. that was funny but it's close and for the truth from that might take. goods because one whole attention and the mainstream media work side by side the joke is actually on here. coming up. at our teen years we have a different pretty. good because the news of the world just is not this funny i'm not laughing dammit i'm not ok.
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you guys stick to the jokes while handling this stuff that i've got to. i was there i marinate this is boom bust and these are the stories that we're tracking for you today. first up we're looking at stats studies and figures so what's up with the u.s. economy according to the numbers will let you know then we have about all room on today's show the president and founder of print the palace asset management joined me earlier from our london studio to discuss the impact that geo politics has on the financial markets you know won't want to miss that interview and finally in today's big deal edward harrison and i are discussing the ongoing feud between apple and google over the future of mobile computing in your car in your vehicle it all starts right now.
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today's lead story deaths and more steps now we have a lot of figures coming out this week and we're taking a cold hard look at all of them well not all of them but the important ones now first up household spending in the u.s. is up and better than expected figures from the u.s. department of commerce show that personal spending which accounts for about seventy percent of the economy rose four tenths of a percent while disposable personal income also increased by a point four percent however the personal savings rate is currently four point three percent and that's the lowest it's been since record keeping began outside of
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the housing and tech bubble course but pretty low now according to bloomberg quote improvement in hiring and rising wealth underpinned by housing and stock market gains will keep providing consumers with the means to spend on broader on a broader swath of goods and services that will boost economic growth. meanwhile u.s. manufacturing accelerated in february as well activity in this sector rose to levels not seen since may of twenty ten u.s. p.m.i. rose to fifty seven point one percent in february much stronger than january's fifty three point seven percent which was a three month low and attributed to bad weather in manufacturing readings above fifty percent indicate expansion now elsewhere u.s. auto sales in february finished even while general motors ford and chrysler all reported stronger than expected sales however have to incentives to lure customers into dealerships late in the month who didn't overcome the cold and stormy weather
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which yet again is being held accountable for keeping customers away now how high are sales incentives and all of these sales incentives the increase has increased concerns about the auto industry's profitability in the future now the annualized sales rate for the month finished at fifteen million vehicles just short of the fifteen point four million expected by analysts and it was the third month in a row that's a weaker than expected sales for the u.s. auto industry so what do all these studies and statistics tell us that crummy weather is better for the economy i'm just kidding in fact they almost tell us the exact opposite so all the bad weather definitely played a part in the slump that we've seen in certain sectors maybe just maybe there's a little more to each story than meets the eye.
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in the wake of the financial crisis there's been a surge in interest among market professionals in both politics and economic policy now frankly markets and policymakers they speak to entirely different languages and policy people they don't really understand the financial market implications of their actions. true however dr phillip mall room president and founder of principle as asset management fills that gap she helps fund managers better understand how politics policy and geopolitics impacts financial markets earlier i spoke with about the policy issues that are having the biggest impact on the economy and global markets today ukraine took up a lot of our conversation take a look at what she had to say. always makes prices go up but let's think carefully about the ukraine not only is it the bread basket for russia and the principal place where we eat is grown in that part of the world but it's also where
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all the natural gas pipelines segues through from russia into western europe so do we think that the price of natural gas for western europe is going to remain the same if russia has a greater control over what's going on in the ukraine i think those prices are probably going up wheat prices just to be very specific really were very much behind the arab spring and continued to be behind the ongoing troubles in egypt that whole country rests on a subsidized price so there now these interesting negotiations going on between the russians and the egyptians which amount to we'll give you weet if you give us a naval base a military port because the russians lost their military port in syria because of the trouble there so you know you know these things really will affect prices and therefore geopolitics comes into play as well that's very interesting i want to ask
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you do you think that we will see meaningful economic sanctions against russia. no i do not think we will see meaningful economic sanctions against russia i think that actually the united states and the west meaning europe have made it pretty clear that they are not prepared to do anything about this issue and i think that's going to raise a whole bunch a new pressures in all the countries that have large russian populations from georgia all the way to kaliningrad there are going to be questions now about how vulnerable are those countries how hard will the russian population push to have a greater closer alliance with russia now that these events in the ukraine have happened so suddenly the borders of all of eastern europe are becoming a little less certain and stable and i think we're going to see a lot more geopolitics in the region as a result of that a lot more noise protest. debate so yeah bottom line is what can the west do it's
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well kind of at best you know maybe the americans can freeze the financial assets of the russians but i think there are only about three russians who have any money in a u.s. bank and they're not the smartest ones right i mean russians have not been keeping their money in the u.s. financial system for a long long time so i don't think they're very vulnerable yeah cyprus that went well for them as well and i want to ask you you know you obviously have said that you don't think we'll see any meaningful economic sanctions. against russia but hypothetically if we did get sanctions what impact would be is have on inflation and the markets. well the economic sanctions generally speaking don't work very well i mean if you recall it was many many years of economic sanctions against the apartheid regime in south africa before things finally started moving and even now there is
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a question mark about how much the sanctions made any difference to that outcome so i don't think that the russians are too afraid of them nor do i think the markets are too afraid i mean after all the financial markets briefly hiccupped but basically have been stable in reaction to these events and frankly even the social unrest we've seen everywhere from china to thailand we've seen signs of it even in places like singapore where they've had street protests over rising asset prices rent property prices grocery bills it's hard to imagine singaporeans testing but they are even in these locations the market hasn't reacted to these things so i think part of it is there's this feeling of well you know basically the fed and the white house together will bail everybody out if anything goes awry so you don't really have to worry and other way is a kind of feeling of well i must i have to worry about it i don't want to i really
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want markets to be sound so there's a tendency to kind of just push all this geopolitics to the side and let's just not worry about that right now and call it a black swan something we can be accountable for and could never have a dissipated thank you nothing now i want to ask you what do you think the russians are trying to do in crimea. oh i think that this has been a very long standing issue this didn't come out of the blue we got a sort of. early run of the story a few years ago in georgia when georgia was attempting to become more independent of russia and the russians basically kicked back and got tough and sent in troops and so in a way we shouldn't be surprised by these events but you know in the end it's about russia trying to pursue their their national strategic security interests and i think frankly we've seen two leaders in the world pursuing the same line of thought
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china is the other one and as the united states has increasingly withdrawn from the middle east and withdrawn from foreign affairs generally both china and russia have detected the vacuum and said there's an interesting opportunity here to go after the assets the territory the diplomatic influence that would be valuable to us i would add to that as well when i think the russians and the chinese alike fully understand that the debt burden causing that loss of faith and hope in the future the chinese worker says i know i'm not going to get rich before i get old so you better give me something else here they know that you could buy and that with higher food prices and you've got a time bomb and so both russia and china are reaching for greater control over assets or getting the ukraine comes back food and natural gas that's the name of that game china does it in
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a different way reaching for us it's not just in africa but deepening their ties in latin america. in asia because they can't feed their population right they can't grow enough stuff to feed that population so it part of this geopolitics is about that new inflation pressure creating geo political problems and part of it is about the u.s. withdrawing which is in part because of the debt burden and the u.s. can't afford to remain as engaged as it used to be. now as of a tuesday morning we learned that the u.s. is offering one billion dollars in aid to the ukraine is this a sum of money that will be a game changer in your view. absolutely not a day zero something like thirty four thirty five billion in debt i think it's pretty much inevitable that they are going to default on that debt to all of the debt holders except the russians they won't be defaulted on but i think i'm pretty else will be and there's been a lot of talk about the i am for the package but the i.m.f.
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cannot give money to a country where they perceive a divided government if they think that the eastern part of the country is controlled by authorities other than the national government they can't really write a check for that emphasizes the i.m.f. doesn't have the resources to be able to bail out thirty four or thirty five billion dollars worth of debt in one nation alone when pretty much every nation around the world as a debt problem and many of them are on the brink of bankruptcy themselves or default i should say so i don't think we're going to see. a systematic answer to the ukraine that leaves them independent of these new events and of russian influence. time now for a very quick break but stick around because when we return more from my interview with mall room then in today's big deal edward harrison and i discussed the future of behavior were moved by oil domination yeah you won't want to miss that because
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you probably can't figure out what i'm talking about just and i can barely do it but as we have very quick break here are some of your closing numbers with the bell with a stick around. leg . lifts. the. rules in effect that means you can jump in anytime you want. a little.
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well if you're the market like. you say you. like to have you with us you're on t.v. today i roll researcher. we're back now with more per my interview with mall graham president and founder of
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prince apollo's asset management now after speaking about the current conflict in ukraine our conversation turned to the developed economies now we're seeing unprecedented monetary policy measures everywhere and i started by asking people why we haven't seen inflation in government reported statistics yet here's what she had there and a lot of different reasons but one reason is because of the fed announcing its tapering so when they announced the quantitative easing a huge amount of money went into emerging markets sort of now they take it away that also leaves the emerging markets that's one but i think a bigger issue is all the emerging markets are experiencing civil unrest or civil protest in one form or another and that's caused by the loss of jobs and the loss of hope in the future that the debt burden creates on the one hand and rising cost of living especially higher food prices you put the two together you create an explosion it's not good from an investor point of view. now the fear is that we're going to have another crisis that's another fear floating around do you think this
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is an emerging markets crisis. i think that it's hitting the emerging markets especially hard let me let me be more specific what we see in the emerging markets is the rise of something we have not seen for years and that is inflation and whenever you get inflation you get social unrest and we're getting what we used to call of wage price spiral what that means is as emerging market workers realize that their grocery bill is going up their energy bill is going up they're demanding higher wages that means they're less competitive and so we see companies like apple who make all our phones moving back to the united states which is now competitive again but even foxconn which is the second largest employer in china they just announced they're building their first production facility in harrisburg pennsylvania so this is an emerging market crisis in the business model they had which was making a lot of stuff cheaply no longer works when they become
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a more expensive place to operate and a less politically stable place to operate people what's driving the increase in prices that's causing this inflation anx in emerging markets. well this is a really tricky question because technically central banks everywhere are telling us that there is no inflation whatsoever but when you look at the actual cost of living for most parts of the world and i would include even the us i think what people are experiencing at the grocery store is very different from what the data coming out of the fed tells you you know here we have beef prices on an all time record high even in america people notice that but in an emerging market when protein prices go up to record levels this creates a real problem because it means that where before they had gone from say two meals a week that had meat for meals and now they want to be at six and they got to go back to two because the cost has gone up and why is the cost rising it's partly because there's no lending to all the production side you know we see for example
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even the u.s. cattle herds fallen to the lowest level since i think one nine hundred fifty three why because the cost of raising it has gone up so much so part of it's a lack of lending because the margins have been crushed part of it i think is that we've just got a global demand that can't be met with current production levels and part of it's an energy story and in the u.s. we've got a great energy boom but the rest of the world still finds oil above one hundred bucks really quite expensive and that's forty to seventy percent of an emerging market worker's income food and energy alone and now is this kind of what we're seeing in venice well right now as well can you speak to about all. yeah i think it's exactly that as well as the picture i've described but on steroids because they've been pursuing kind of highly inflationary unstable policies for such a long time and now it's just accelerating but to be fair we also
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see this rising inflation pressure in argentina for example recently the argy time government shifted from the old beggar of inflation to the new one it turns out they think it's now three or four times as high as they had said it was. so i think like i said venezuela is an extreme case but frankly the same set of pressures apply even in the ukraine you know if you look back at the last two years you will see they had very consistently rising food prices and a high energy price and that is what creates the pain and the human factor that propels people into the streets and makes them start asking lots of tricky questions about why is the wealth of my society being distributed to some other guy and not to me what about the scramble for natural resources in latin america and africa. well i think there is
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a massive scramble for natural resources it's principally energy and food most people think it's only energy. and it shows up and lots of different ways for example you've seen the chinese announced that they're going to build a canal in nicaragua which is parallel to the panama canal because basically they feel very uneasy depending on a u.s. controlled panama canal they'd rather have their own and that's very much about creating pathways for the raw materials food and energy that come from latin america back to the u.s. sorry from america back to china also closer alliance between for example china and mexico right china is investing heavily in mexico's energy infrastructure the leadership of mexico of announced opening up to foreign direct investment and they're going to build five new refineries approximately one and a half inches off the u.s.
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border which means all that crude from the gulf which traditionally is very difficult to manage can be refined and of a made available to china so that's part of it for russia the power of of owning large amounts of wheat in this world economy is immense so again the ukraine being a bread basket for that part of the world and again natural gas that who controls it is about cash flows it's about pricing power i mean if these were companies instead of countries you would be buying the stock right let's put it that way now in latin america oil that's the big issue brazil is going into deep sea drilling argentina expropriated assets from the majority owner of its national oil company reps all spanish oil company actually and in mexico we see privatization like you mentioned now is there a way for investors to make sense of this varied and changing landscape. well i
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think you raise an excellent point one of the most significant rests on the horizon is expropriation and let's not forget inflation is expropriation so that's one kind of subtle form with which governments basically take the cash out of your pocket but another form is they just outright say we're going to take your assets so it's happened in many locations even in for example south africa where the workers said we want to get paid more for pulling mined assets out of the ground when the mining companies said oh i don't think so the government basically said we could actually nationalize you guys there's a big debate about whether they would really do it but the threat was put on to the table and that made south africa a whole lot less attractive to investors same thing latin america has started to talk about expropriating energy assets africa gonna guinea already expropriating chinese own energy assets or mining assets in that part of the world so again we
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come back to if the governments are broke or if they're suffering from the debt problem then they need cash that means they're going to reach for even beyond their own borders and as a clear example why has argentina raised the issue of who owns the falklands again that would be because they have found immense gas fields off the falklands and suddenly that has lots of value against the backdrop of much higher inflation in argentina. that was mall room politics and policy expert and former special assistant to the president of the united states america for economic policy under george w. bush time now for today's big deal. edward harrison joins me now to discuss the integration of mobile phones in your
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automobile. and thank you jake one of our producers for that line now ever and i are talking about our car play systems and what that means in the ongoing battle between apple and google over the future of mobile computing now what is our play basically apple wants to integrate its mobile mobile operating systems into cars this is done with link your i phone to your car's in dash display system giving you access to your phone's maps music and messages siri of course will also respond to your voice commands well obviously now mercedes-benz ferrari and valvo are already on board and later this year out of apple plans to release this system for honda. jaguar car play will run on i os seven and will only work with i phone five i phone five s. and i phone five c. five are there so that'll be an extra chunk of change to consider you're holding on
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to your old output device like myself so edward can you give us a little more information about car play what is it able to do to enhance the driving experience that we don't have now well you know first of all let's think about this from an apple perspective is it a boom or is it a bus and i think this is a bust of the deal because basically. you know they're it's only the the three latest models all these models have this proprietary. dongle which is the lightning which isn't to say. it was a thirty page done with they had before with the i phone john gone you know the thing that connects into the bhagavad your of your eye battery charger your the charger and you know that's proprietary so basically what you're seeing here is pull up with these these premium manufacturers and the question is what are they going to give you that you don't already have basically from my perspective all they're going to give you is siri and your hands free driving environment plus the
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the big thing is maps i mean that's the killer when i think about when you're moving into the new space what would be the killer obviously it's going to be there and you can have your maps right there integrated into your car that's great but it's only going to work for those devices and only for new cars that are set up for this particular system i mean i feel like i don't have a new car but i have this system already when i put my google maps on speaker on my i phone you know it seems as though this is silly and also when you have the i phone six or the i phone seven well you're it we have to get a new car you know. so that you know you have to upgrade in some way then if you got a new phone in our name car you want you. want as consumers what we want is any car that we have. to work with the killer immediately into the car and this is not what's happening here and you go ahead you want to say some i want to i actually
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want to show you this graph now take a look at this crowd look at this now it shows apple's year over year revenue growth over the past few years and you're my graphic right here so as you can see apple's growth has been declining over this period and we talk to alex daily about the challenges facing out all right now here's what he had to say quickly. i think apple's biggest challenge is that growth that you mentioned they need to find another product line another line of business that can add ten percent or more to the top line growth before they excite investors again before they can keep that multiple stable or get it going back up so i do. now earlier this year apple released its fourth quarter earnings for twenty thirteen which showed that the company experienced a four point two percent growth in europe for year revenue do you think that this might be what alex haley was talking about and is this apple's next big product line well that's what i was saying before in terms of book boom or bust bust because it's not it's only going to be new installs that is the these particular automobiles newer ones and the newer models of the so it doesn't address the huge
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addressable market so we have bust we're going bust on this on and we're not we should start doing this already in bloom oh yeah it's done and i'm sorry well let me just point out that have pools share is declining in this market so you know what google does is going to be a big part of thank you ad buster love it all go bust to follow as lead here that's all for now but you can see all segments featured in today's show on you tube or you tube dot com slash boom bust r.t. we also love hearing from you so please check out our facebook page and facebook dot com slash boom bust r t you can also tweet us at aaron aid at edward n.h. from all of us here going bust thanks for watching see you next time bye bye.
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wealthy british style. time. market why not. find out what's really happening to the global economy with mike's concert a no holds barred look at the global financial headlines tune in to conjure reports on our.
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president putin rules with ukraine but says it does reserve the right to use force to protect russian speakers from the radical nationalists. and the western media fuel to the file with reports mistakenly suggesting a full blown russian military intervention. underway in crimea. and the paralympic torch relay reaches sought after an epic journey across russia even.
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the world's top news headlines live from moscow international with me rule research it's a pleasure to have you with us russia will not go to war with ukraine but does reserve the right to use military force to protect civilians in the country and the statements coming from president putin as he once again condemned the uprising in kiev as unconstitutional. as for the use of military force there's no need for that at the moment and the military drills that took place recently have nothing to do with the situation in ukraine so we have this option but it is an extreme measure for the legitimacy of a president yet of which requested russia to use military force to protect the lives and well being of the ukrainians. and those remarks however did little to calm the storm of condemnation from the west led by washington which once again threatened to isolate russia over its role in crimea but geo political analyst
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richard baca from the coalition he says the us itself has been deeply involved in this crisis from the very beginning. we know that they had intervened i mean it's really something to hear them shed these crocodile tears about the violations of sovereignty when you think about the united states history in terms of violating the sovereignty of so many countries including the ukraine i mean mccain was there from the from the state department he had nuland there they were predicting they were saying ahead of time who they wanted to be the next president the next prime minister they were naming names and in fact the next prime minister the one who calls himself prime minister today is someone who knew and had talked about and said that that was the preference of the united states so there's been all this intervention by the united states in the ukraine and they have no intention of ceasing it's very doubtful that this uprising that took place led by spearheaded by
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increasingly as time went on outrage freshest forces would have succeeded without the backing that they were receiving the negotiating intervention that and the support that they were receiving from the u.s. and the other nato powers and stoking tensions around ukraine the western media has been flooded with unfounded claims that the russian army is invading ukraine. and associates takes a closer look. the courses in ukraine has brought a media frenzy the likes of which we have not seen in a while misinformation on what exactly has been unraveling on the ground is running the show for one and a legit ultimatum that russia never made has been all over the news headlines the media emotionally stated that russia gave ukrainian troops a deadline to surrender or it would attack not only did moscow deny these allegations but no military personnel based in crimea confirmed the ultimatum had ever been issued the deadline came and went and nothing happened another aspect of the story that was spun out of control sixteen thousand troops deployed by russia
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in crimea these are some of the headlines screaming about the alleged presence of thousands of russian troops but hold on russia has a naval base in the area this is not news their presence was articulated in agreements made years ago with key of for now despite the hysteria of the concept of russian troops being sent to crimea has not gone further than approval by the russian federation council upon putin's request the russian president has not made a final decision on whether to send in the military saying this would only be a choice of last resort but to judge by the mainstream media however it's as if crimea has been swarming with russian forces for days for more on this here's a report by my colleague or pissed off right now inside one of the camps organized by one of the so-called self-defense units right here in the capital of the crimea they've been for the past week keeping the streets safe protecting the local population less just meet with these guys find out who they are nobody wants to leave the real name is it gone or are you going to put yesterday i mean local from
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crimea is. how long have you like you know the town has been here for eleven days now. with our goal is to maintain the crimea did you sell so you know where you are under some sort of command and when we have people who are in senior. all of these schools how many other. like you are here in the city of aurora lot of people like us in the city did you see any russian soldiers here or military hardware if you honestly haven't just this is a funny question actually people dressed like me and the city were in the city and the fans groups who keep law and order here what made you go out onto the streets and it was done. i was motivated by the events and said you know with my own eyes i saw soldiers beating in the marines can park i felt i had to do the civic responsibilities but this was why should you think so i was. we
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spoke to other members of the use of defense squads and basically they say they're ready to stand here and patrol the streets to the ends until they're completely sure that the local population see our cheesy work as can offer porting there from crimea now we're seeing reports concerning the presence of russian tanks that are based on images like this one but according to ukraine's own border patrol no russian military equipment has crossed the border drills did take place a week ago but that was in russia and not ukraine the media has even gone so far as to claim that ukraine's ousted president died even russia's president had to officially dismiss these rumors most importantly the coverage has ignored the following facts president putin has not made an official order for the deployment of the military russia has never said it wants war with ukraine or that it's interested in annexing crimea and as i said you're going to r.t. new york. the media and white house standing together as president obama has
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accused moscow of quote not abiding by international law a statement echoed by the secretary of state john kerry who has paid yet another friendly visit to kiev and met with some of the new or thorough a more important this report. the war of words against russia went into overdrive tuesday afternoon when u.s. president barack obama and his secretary of state john kerry held separate press conferences in different countries at the same time both condemning moscow over its actions against ukraine now in washington president obama urged russia to deescalate the situation in ukraine insisting that moscow's explanation for its military response to the crisis doesn't reflect real events on the ground in the meantime in kiev secretary of state john kerry was condemning and threatening russia simultaneously mr kerry use words like aggressor provocation and intimidation to describe mosque out now some of secretary kerry's harsh words
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against russia has certainly raised eyebrows in recent days even causing many to call him a hypocrite because specifically on sunday secretary kerry said it was lecturing russia saying you can't just invade another country on completely trumped up reasons for a pretext says many would say excuse me but the united states did in fact do that with the war in iraq and has done it several times already. well the list of countries that have been subjected to u.s. bombing pains and interventions over recent decades stretches far beyond iraq and that leaves critics like political analyst day of christie with only one would to describe washington's recent statements. this is parker see the united states under the responsibility to protect doctrine the so-called humanitarian interventions of others within the obama administration concerning the likes of
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susan rice and samantha power they have invaded nations and absolutely violating the sovereignty of these nations all for part of a larger geo political intent which is to set up a confrontation between the eurasian nations or decide just twenty two minutes past the hour here in moscow the latest updates from ukraine to come your way on air and online do stay with us if you can. they look like bounty islands where the locals can enjoy the sun and the ocean. but what was buried here years ago. means these people are suffering the consequences.
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how much more poison lies on the vis ground. behind this cell is what there is what we call the callet bank on which there is a because it offers a ten year left by security test was caused by this notion of radionuclides despite what you know the screening efforts there remains the dogs it last a little less than two of the laws of the tony and when you're stuck in iraq don't want all the coral reef in the us out of the last ten meters down nuclear tests and never ending legacy on r.t. . the right investigation the fishing industry reveals the hidden in troubled waters a fish fun day you have to me because. i saw it spread all over norway is the most toxic food you have in the whole world growing profit defeats officials inquiry furthermore health restrictions. i don't.
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really know what's inside the. fish. on our teeth. it wasn't a steam purse. it puts everything in it's. letting go of those identities for me is important. part of it is protecting it's somebody they would make a brother to but then if they really knew your story. they just. passed me before crazy how. an honest nice to me in my name is jim what's your name my name is geoffrey.
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above. good morning from moscow this is r.t. international while opposition protests continue in venezuela people are gearing up to mark one year since the death of chavez plans to honor the firebrand socialist leader are in place across the nation let's take a look now at some of his and more defining moments here on r.t. international chavez and his allies a lot of failed coup attempt that was back in one thousand nine hundred two he did
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rise to power in ninety nine but three years later his opponents managed to dislodge him from the presidency for two days before then he clawed his way back in a chavez didn't mince his words though especially when it came to that of capitalism which he deemed responsible for many of the world's ills even one stroke that it may be rude to blame for the lack of life on the planet mars well chavez is of course known for his staunch anti american stance being latin america's principal critic of washington's policies are many may remember his or un remark about former president george w. bush referring to him as the devil or that got him large support at home with over a thousand hours broadcast of his own t.v. show hello president but r.t. host eva golinger she says chavez's greatest achievement was to make venezuelans actually believe in themselves. you have to remember that his policies reduce poverty in the country by over fifty percent extreme poverty by over seventy
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percent and he implemented social programs that guarantee quality accessible education and healthcare for everyone across the country as well as all kinds of programs to to provide support and subsidies for housing for food so that those in lower income sectors have access to all those basic services one of chas's strongest legacies as it has been sort of recovering the identity and the dignity of venezuela more people come out to vote today than ever before more people in venezuela are thinking critically about the situation their country the politics of their country and where they want to take their nation i think that that is an enormous legacy that chavez has left. other chavez memorial celebrations come against a backdrop of protests against. the people. but if you go and you believe the rallies are not affecting chavez's popularity in return the public move away
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from violence. the anti-government protests in venezuela have not been massive there have been some that have been significantly large but not larger than other opposition protests have been during the past few years people who who have been loyal to each obvious more are part of the small and supported. in the government now nicolas maduro i don't think that has affected. their support and their loyalty in fact i think we may have seen the contrary occur because some of the protests that have not been numerous but have been smaller scale and more widespread throughout the country have become very violent this is cause a lot of people maybe not necessarily to come out and support directly president maduro but certainly to oppose those protests taking place in the country because they're disruptive and they're not achieving any kind of significant goals and so it's really a moment now where the extremists on both sides need to come together and find common ground. thanks for joining us here on our international it's taken the blue
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tortures seven days to reach sultry and in just two days the flame will once again be lit on the black sea coast this time though with out of the wind to power a live picture there was another epic torch relay draws to a close let's hear more about it now live with our correspondent lindsey france joining us here on aleksey international lindsey good morning to you sort of the fly into waving in france returning to the stands and so on. that's exactly right the spectators here are very ready to get these games started now let's talk about the torch it's began its journey on february twenty sixth not in greece but in russia's far east in that time it's traveled through fifty russian regions in the hands of more than one thousand torchbearers it's also for the first time in paralympic history made an international detour and it went to the u.k. to the stoke mandeville stadium where in one thousand nine hundred forty eight dr
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ludwig good man held the first ever games of this sort for people specifically with physical disabilities impairments then made its way back to russia where it's continued on now the torch is accented in sky blue knots in red as it was for the winter games that's because the sky blue the designers wanted it to signify the very strength of character that's inherent in the athletes to compete at this level and russia has as the host country has stated many times that it's very important for the paralympians here in solitude to experience the winter games that is just as excellently conducted as the olympians just a couple of weeks had right before them so everyone is very excited to get the game started here it's often. hard. for us and many many thanks indeed for that we'll see you soon. let's take a moment here on the program on r.t.
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international to fill you in with a bit of saatchi twenty fourteen a winter power limping trivia for the first time in history the host will compete in all available disciplines with seventy two sets of medals to be decided that's just twenty six less than the olympics also the games have their own mascots so we won't see more from the darlings of the starchy twenty fourteen opening and closing ceremonies or the cute hair their hair as well their. creatures will make way for the paralympic snowflake and the ray of light. i do stay with us for continued coverage of the paralympics and although lured by the prospect of a lower energy prices and even possible export opportunities britain has begun a big push for shale gas production using fracking r.t. sarah ferguson to find out what the country's prospects really are in the terms of a well this unconventional technique. there are estimates of trillions of cubic
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feet of show gas present in the case but the method of extracting that shale gas known as fracking is hugely controversial stories about contamination and earthquake as a result of the shale gas extraction process fracking i spoke to chris wilson from the institution of gas engine is and manages well as chris just how much of a problem that's being in trying to convince the u.k. public that fracking is a safe bet it's the single most problem barrier to the uptake of the native cell gas industry and the. public perception. bad bad rep in the media. it's a case of one step forward two steps back how much of that does but. we've got a rough idea of how much is potentially and probably down there is not exactly the same as how much we're going to have to cover from the ground or how much of that
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is going to be economically viable to recover from the ground as well but how much exactly with. this early stage things are only potential until we've actually got to the point where we can make. when we can make real concrete decisions and assessments about what we can recover everything so any potential. well let's give you a bit of a global snapshot here on r.t. international because we will get to the aussie world update in just a moment for now though the mayor of london has suggested that the children of islamic extremists should be taken into care by social services to avoid the risk of them becoming radicalized boris johnson who is no stranger to controversy said that such an upbringing acquaints to that of child abuse made the comments off of the sentencing of the killers of british soldier lee rigby is that a wave of anti muslim brotherhood crossed the u.k. the host of r.t.
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sputnik show george galloway he says it's really quite simple young muslims are radicalized when the west attacks islamic countries so. it's made the muslim community furious in fact the killers of lee rigby were brought up as christians not as muslims which just goes to show that no one can guarantee how their children will end up and of course giving the state the power to decide to kidnap someone skilled because their political views are such that their children might learn from is deeply repugnant in any democratic country and the fact that young muslims have been radicalized in britain has far more to do with britain and america invading and occupying one muslim country after another slaughtering them and hundreds of thousands that's what's radicalizing muslims in britain. for nigeria now into the
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we go at least eleven people killed in the latest militant attack to hit northeast nigeria a gunman in. borno province a wave of bombings and massacres across the region since friday have left over one hundred people dead. is the most group boko. the us judge has ruled that oil giant chevron is not required to make a huge compensation payment to victims of pollution in ecuador the company had. caught in the south american country over ten billion dollars the suit was originally filed by people who would suffer decades of rain forest contamination or thank you joining us here in the international today. next however if you're watching us in the u.k. well it's over to your going on around.
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the. world. technology innovation. developments around russia. put it on your show mom and watch n.b.c. making news all the face just like you know.
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a pleasure to have you with us here on t.v. today i'm wrong researcher. they look like bounty yard. where the locals can enjoy the sun and the ocean. but what was buried a few years ago. means these people are suffering the consequences. how much more poison lies on the this ground. behind this there is what we call the callet bankole which there is a because it alters the code left by security test which called for this version of radionuclides despite what you know the screening efforts there remains the don't hold it i just a little less than to tell you it was
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a little sodium in your stomach is a rock fall down to the coral reef it's out of the ten meters down nuclear tests a never ending legacy on r.t. . the wheel caught on the roadside to a small car skidded at breakneck speeds and fell into a ditch. grown out of the car she was like a broken doll it wasn't a single soul piece left us and i thought if i lived and had a chance to start my life from scratch i would start making dulls to help children it. could go on right after he was born the baby was all in casts. his legs are getting bigger and the ortho says get too small so we have to order new ones said la has raise money for us and she helps us to get a leg braces five years after my potentially fatal injuries in a car crash i gave birth to my little niece says i think she's my reward for
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helping all those children who is selling the dolls to buy life for the children. world wide investigation the fishing industry reveals the hidden in troubled waters of fish fun. fun to me because the. spread all over norway is the most toxic food you have in the whole world growing crawfish defeats approaches inquiry furthermore health restriction. that. you. really know what's inside the. fish. it wasn't a steam purse. it puts everything in it's. letting
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go of those identities for me is important. part of it is protecting it's somebody they would make a brother to the dentist they really knew your story. they'd kill you. there's me before crazy how. absurd. to me in my name is june what's your name my name is geoffrey. above.
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and i was there i marinate this is boom bust and these are the stories that we're tracking for you today. first up we're looking at stats studies and figures so what's up with the u.s. economy according to the numbers will let you know then we have about all room on today's show the president and founder of print the palace asset management joined me earlier from our london studio to discuss the impact that geopolitics has on the financial markets you know won't want to miss that interview and finally in today's big deal edward harrison and i are discussing the ongoing feud between apple and google over the future of mobile computing in your cars yeah in your vehicle it all starts right now.
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today's believe story stats and more steps now we have a lot of figures coming out this week and we're taking a cold hard look at all of them well not all of them but the important ones now first up household spending in the u.s. is up and better than expected figures from the u.s. department of commerce show that personal spending which accounts for about seventy percent of the economy grows four tenths of a percent or disposable personal income also increased by. point four percent however the personal savings rate is currently four point three percent and that's the lowest it's been since record keeping began outside of the housing and tech
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bubble of course but pretty low now according to bloomberg quote improvement in hiring and rising wealth underpinned by housing and stock market gains will keep providing consumers with the means to spend on broader on a broader swath of goods and services that will boost economic growth. meanwhile u.s. manufacturing accelerated in february as well activity in this sector rose to levels not seen since may of twenty ten u.s. p.m.i. rose to fifty seven point one percent in february much stronger than january's fifty three point seven percent which was a three month low and attributed to bad weather in manufacturing readings above fifty percent indicate expansion now elsewhere u.s. auto sales in february finished even while general motors ford and chrysler all reported stronger than expected sales however have to incentives to lure customers into dealerships late in the month who didn't overcome the cold and stormy weather
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which yet again is being held accountable for keeping customers away now how high are sales incentives and all of these sales incentives the increase has increased concerns about the auto industry's profitability in the future now the annualized sales rate for the month finished at fifteen million vehicles just short of the fifteen point four million expected by analysts and it was the third month in a row that's a weaker than expected sales for the u.s. auto industry so what do all these studies and statistics tell us that crummy weather is bad for the economy i'm just kidding in fact they almost tell us the exact opposite so all the bad weather definitely played a part in the slump that we've seen in certain sectors maybe just maybe there's a little more to each story than meets the eye.
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in the wake of the financial crisis there's been a surge in interest among market professionals in both politics and economic policy now frankly markets and policymakers they speak to entirely different languages and policy people they don't really understand the financial market implications of their actions so. true however dr phillip i'm president and founder of principle is that management fills that gap she helps fund managers better understand how politics policy and you politics impacts financial markets earlier i spoke with about the policy issues that are having the biggest impact on the economy and global markets today ukraine took up a lot of our conversation take a look at what she had to say. always makes prices go up but let's think carefully about the ukraine not only is it the bread basket for russia and the principal place where we eat is grown in that part of the world but it's also where
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all the natural gas pipelines segues through from russia into western europe so do we think that the price of natural gas for western europe is going to remain the same if russia has a greater control over what's going on in the ukraine i think those prices are probably going up wheat prices just to be very specific really were very much behind the arab spring and continued to be behind the ongoing troubles in egypt that whole country rests on a subsidized bread price so there now these interesting negotiations going on between the russians and the egyptians which amount to we'll give you weet if you give us a naval base a military port because the russians lost their military port in syria because of the trouble there so you know you know these things really will affect prices and therefore geopolitics comes into play as well that's very interesting i want to ask
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you do you think that we will see meaningful economic sanctions against russia. no i do not think we will see meaningful economic sanctions against russia i think that actually the united states and the west meaning europe have made it pretty clear that they are not prepared to do anything about this issue and i think that's going to raise a whole bunch a new pressures in all the countries that have large russian populations from georgia all the way to kaliningrad there are going to be questions now about how vulnerable are those countries how hard will the russian population push to have a greater closer alliance with russia now that these events in the ukraine have happened so suddenly the borders of all of eastern europe are becoming a little less certain and stable and i think we're going to see a lot more geopolitics in the region as a result of that a lot more noise protest. debate so yeah bottom line is what can the west do it's
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well kind of at best you know maybe the americans can freeze the financial assets of the russians but i think there are only about three russians who have any money in a u.s. bank and they're not the smartest ones right i mean russians have not been keeping their money in the u.s. financial system for a long long time so i don't think they're very vulnerable yeah cyprus that went well for them as well and i want to ask you you know you obviously have said that you don't think we'll see any meaningful economic sanctions. against russia but hypothetically if we did get sanctions what impact would be is have on inflation and the markets. well the economic sanctions generally speaking don't work very well i mean if you recall it was many many years of economic sanctions against the apartheid regime in south africa before things finally started moving and even now there is
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a question mark about how much the sanctions made any difference to that outcome so i don't think that the russians are too afraid of them nor do i think the markets are too afraid i mean after all the financial markets briefly hiccupped but basically have been stable in reaction to these events and frankly even the social unrest we've seen everywhere from china to thailand we've seen signs of it even in places like singapore where they've had street protests over rising asset prices rent property prices grocery bills it's hard to imagine singaporeans are testing but they are even in these locations the market hasn't reacted to these things so i think part of it is there's this feeling of well you know basically the fed and the white house together will bail everybody out if anything goes awry so you don't really have to worry and other way is a kind of feeling of well i must i have to worry about it i don't want to i really want markets to be sound so there's
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a tendency to kind of just push all this geopolitics to the side and let's just not worry about that right now and call it a black swan something we can be accountable for and could never have a dissipated thank you nothing now i want to ask you what do you think the russians are trying to do in crimea. oh i think that this has been a very long standing issue this didn't come out of the blue we got a sort of. early run of the story a few years ago in georgia when georgia was attempting to become more independent of russia and the russians basically kicked back and got tough and sent in troops and so in a way we shouldn't be surprised by these events but you know in the end it's about russia trying to pursue their now their national strategic security interests and i think frankly we see two leaders in the world pursuing the same line of thought
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china is the other one and as the united states has increasingly withdrawn from the middle east and withdrawn from foreign affairs generally both china and russia have detected the vacuum and said there's an interesting opportunity here to go after the assets the territory the diplomatic influence that would be valuable to us i would add to that as well when i think the russians and the chinese alike fully understand that the debt burden causing that loss of faith and hope in the future the chinese worker says no i'm not going to get rich before i get old so you better give me something else here they know that you could buy and that with higher food prices and you've got a time bomb and so both russia and china are reaching for greater control over assets so again the ukraine comes back food and natural gas that's the name of that game china does it in a different way reaching for us it's not just in africa but deepening their ties in
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latin america. in asia because they can't feed their population right they can't grow enough stuff to feed that population so it's part of this geopolitics is about that new inflation pressure creating geo political problems and part of it is about the u.s. withdrawing which is in part because of the debt burden and the u.s. can't afford to remain as engaged as it used to be. now as of a tuesday morning we learned that the u.s. is offering one billion dollars in aid to the ukraine is this a sum of money that will be a game changer in your view. absolutely not a day oh something like thirty four thirty five billion in debt i think it's pretty much inevitable that they're going to default on that debt to all of the debt holders except the russians they won't be in default upon but i think i'm pretty else will be and there's been a lot of talk about the i.m.f. in the package but the i have enough cannot give money to
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a country where they perceive a divided government if they think that the eastern part of the country is controlled by authorities other than the national government they can't really write a check for that and besides the i.m.f. doesn't have the resources to be able to bail out thirty four or thirty five billion dollars worth of debt in one nation alone one pretty much every nation around the world has a debt problem and many of them are on the brink of bankruptcy themselves or default i should say so i don't think we're going to see. a systematic answer to the ukraine that leaves them independent of these new events in the russian influence. time now for a very quick break but stick around because when we return more from my interview with mall room then in today's big deal edward harrison and i discussed the future of behave killer mobile i'll domination yeah you won't want to miss it because you
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probably can't figure out what i'm talking about just and i can barely do it but as we have very quick break here are some of your closing numbers of the bell today stick around. like bounty yard. where the local community joined the song. years ago. it means these people are suffering the consequences. how much more poison lies on the this ground. behind this there is what we call the collect bank on which there is a because it alters the code you're left by security test which calls for this
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position of radionuclides despite your the screening efforts there remains the don't hold it last a little less than two if you lose a little tony and when your stomach is a rock on top of the coral reef do it sound like ten meters down nuclear tests a never ending legacy on. the wheel caught on the road side to this car skidded at breakneck speed and fell into a ditch and i was thrown out of the car she was like a broken dome it wasn't a single hole piece left dozen i thought if i lived and had a chance to start my life from scratch with it i would start making goals to help children. go right after he was born the baby was all in casts. his legs are getting bigger and the ortho sister get too small so we have to order new ones said lorna has raised money for us she helps us to get a leg braces for five years after my potentially fatal injuries in
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a car crash i gave birth to my little miss says i think she's my reward for helping all those children who is selling the dogs to buy life for the children. who are back now with a more per my interview with mall graham president and founder of prince apollo's asset management now after speaking about the current conflict in ukraine our problems sation turn to the developed economies now we're seeing unprecedented. monetary policy measures everywhere and i started by asking pippa why we haven't seen inflation in government reported statistics yet here's what she did with a lot of different reasons but one reason is because of the fed announcing its tapering so when they announced the quantitative easing a huge amount of money went into emerging markets or now they take it away that also leaves the emerging markets that's one but i think
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a bigger issue is all the emerging markets are experiencing civil unrest or civil protest in one form or another and that's caused by the loss of jobs and the loss of hope in the future that the debt burden creates on the one hand and rising cost of living especially higher food prices you put the two together you create an explosion it's not good from an investor point of view. now the fear is that we're going to have another crisis that's another fear floating around do you think this is an emerging markets crisis. i think that it's heading the emerging markets especially hard let me let me be more specific what we see in the emerging markets is the rise of something we have not seen for years and that is inflation and whenever you get inflation you get social unrest and we're getting what we used to call of wage price spiral and what that means is as emerging market workers realize that their grocery bill is going up their energy bill is going up they're demanding
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higher wages that means they're less competitive and so we see companies like apple who make all our phones moving back to the united states which is now competitive again but even foxconn which is the second largest employer in china they just announced they're building their first production facility in harrisburg pennsylvania so this is an emerging market crisis in the business model they had which was making a lot of stuff cheaply no longer works when they become a more expensive place to operate and a less politically stable place to operate people what's driving the increase in prices that's causing this inflation anx in emerging markets. well this is a really tricky question because technically central banks everywhere are telling us that there is no inflation whatsoever but when you look at the actual cost of living for most parts of the world and i would include even the us i think what people are experiencing at the grocery store is very different from what the data
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coming out of the fed tells you you know here we have beef prices on an all time record high even in america people notice that but in an emerging market when protein prices go up to record levels this creates a real problem because it means that where before they had gone from say two meals a week that had meat to four meals and now they want to be at six and they got to go back to two because the cost has gone up and why is the cost rising it's partly because there's no lending to all the production side you know we see for example even the u.s. cattle herd has fallen to the lowest level since i think one nine hundred fifty three why because the cost of raising it has gone up so much so part of it's a lack of lending because the margins have been crushed part of it i think is that we've just got a global demand that can't be met with current production levels and part of it's an energy story and in the u.s. we've got a great energy boom but the rest of the world still finds oil above one hundred
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bucks really quite expensive and that's forty to seventy percent of an emerging market workers income food and energy alone and now is this kind of what we're seeing in venice well right now as well can you speak about all. yeah i think it's exactly i think that as well as the picture i've described but on steroids because they've been pursuing kind of highly inflationary unstable policies for such a long time and now it's just accelerating but to be fair we also see this rising inflation pressure in argentina for example recently the argy time government shifted from their old measure of inflation to the new one it turns out they think it's now three or four times as high as they had said it was. so i think like i said venezuela is an extreme case but frankly the same set of pressures apply even in the ukraine you know if you look back at the last two years you will
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see they had very consistently rising food prices and a high energy price and that is what creates the pain and the human factor that propels people into the streets and makes them start asking lots of tricky questions about why is the wealth of my society being distributed to some other guy and not to me what about the scramble for natural resources in latin america and africa. well i think there is a massive scramble for natural resources it's principally energy and food most people think it's only energy. and it shows up in the lots of different ways for example you've seen the chinese announced that they're going to build a canal in nicaragua which is parallel to the panama canal because basically they feel very uneasy depending on a u.s. controlled panama canal they'd rather have their own and that's very much about
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creating pathways for the raw materials food and energy to come from latin america back to the u.s. sorry from america back to china also closer alliance between for example china and mexico right china is investing heavily in mexico's energy infrastructure the leadership of mexico of announced opening up to foreign direct investment and they're going to build five new refineries approximately one and a half inches off the u.s. border which means all that crude from the gulf which traditionally is very difficult to manage can be refined and of a made available to china so that's part of it for russia the power of of owning large amounts of wheat in this world economy is immense so again the ukraine being a bread basket for that part of the world and again natural gas that who controls it is about cash flows it's about pricing power i mean if these were companies
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instead of countries you would be buying the stock right let's put it that way now in latin america oil that's the big issue brazil is going into deep sea drilling argentina expropriated assets from the majority owner of its national oil company reps all spanish oil company actually and in mexico we see privatization like you mentioned now is there a way for investors to make sense of this varied and changing landscape. well i think you raise an excellent point one of the most significant rests on the horizon is expropriation and let's not forget inflation is expropriation so that's one kind of subtle form with which governments basically take the cash out of your pocket but another form is they just outright say we're going to take your assets so it's happened in many locations even in for example south africa when the workers said we want to get paid more for pulling mined assets out of the ground
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when the mining companies said oh i don't think so the government basically said we could actually nationalize you guys there's a big debate about whether they would really do it but the threat was put on to the table and that made south africa a whole lot less attractive to investors same thing latin america has started to talk about expropriating energy assets africa gonna guinea already expropriating chinese own energy assets or mining assets in that part of the world so again we come back to if the governments are broke or if they're suffering from the debt problem then they need cash that means they're going to reach for assets even beyond their own borders and as a clear example why has argentina raised the issue of who owns the falklands again that would be because they have found immense gas fields off the falklands and suddenly that has lots of value against the backdrop of much higher inflation in
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argentina. that was picked up mall groom politics and policy expert and former special assistant to the president of united states america for economic policy under george w. bush time now for today's big deal. edward harrison joins me now to discuss the integration of mobile phones in your automobile. thank you jake one of our producers for that line now ever and i are talking about our car place systems and what that means in the ongoing battle between apple and google over the future of mobile computing now what is our play basically apple wants to integrate its mobile mobile operating systems into cars this is done with link your i phone to your car's in dash display system giving you
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access to your phone's maps music and messages siri of course will also respond your voice commands well obviously now mercedes-benz ferrari and volvo are already on board and later this year out of apple plans to release this system for honda. jaguar car play will run on i os seven and will only work with i phone five i phone five s. and i phone five c. how many wives are there so that of an extra chunk of change to consider you're holding on to your old output device like myself so edward can you give us a little more information about car play what is it able to do to enhance the driving experience that we don't have now well you know first of all let's think about this from an apple respect is it a boom or is it a bus and i think this is a bust of the deal because basically there's you know there are. the three latest models all these models have this proprietary. dongle
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which is the lightning which is the same. it was a thirty pen done with they had before with the i phone john gone you know the thing that connects into the. your of your eye battery charger the charger and you know that's proprietary for so basically what you're seeing here is pull up with these these premium manufacturers and the question is what are they going to give you that you don't already have basically from my perspective all they're going to give you is siri and your hands free driving environment plus the the big thing is that i mean that's the killer when i think about when you're moving into the new space what's going to the killer obviously it's going to be there and you can have your maps right there integrated into your car that's great but it's only going to work for those devices and only for new cars that are set up for this particular system i mean i feel like i don't have a new car but i have this system already when i put my google maps on speaker on my i phone you know it seems as though this is silly and also when you have the i
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phone six or the i phone seven while you're at we have to get a new car you know. so that you know you have to upgrade in some way. that is you got a new phone in our name car you want you. want as consumers what we want is any car that we have. to work with the killer immediately into the car and this is not what's happening here and you go ahead you want to say some i want to i actually want to show you this graph now take a look at this crowd look at this now it shows apple's year over year revenue growth over the past few years and you're my graphic right here so as you can see apple's growth has been declining over this period and we talk to alex daily about the challenges facing out all right now here's what he had to say quickly. i think apple's biggest challenge is that growth that you mentioned they need to find another product line another line of business that can add ten percent or more to the top line growth before they excite investors again before they can keep that
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multiple stable or get it going back up so i do. now earlier this year apple released its fourth quarter earnings for twenty thirteen which showed that the company experienced a four point two percent growth in europe are year revenue do you think that this might be what alex haley was talking about and is this apple's next big product line well that's what i was saying before in terms of book boom or bust bust because it's not it's only going to be new installs that is the these particular automobiles newer ones in the newer models of the so it doesn't address the huge addressable market so we have bust we're going bust on this on and we're no we should start doing this already in bloom oh yeah it's done and i'm sorry well let me just point out that now bulls share is declining in this market so you know what google does is going to be a big part of the thank you had buster love it all go bust to follow his lead here that's all for now but you can see all segments featured in today's show on you tube or you tube dot com slash boom bust arctic whereas i love hearing from you so
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please check out our facebook page and facebook dot com slash boom bust r t you can also tweet us at aaron aid at edward n.h. from all of us here are going bust thanks for watching see you next time bye bye. in two thousand and chime one of the first things released by wiki leaks was a secret video recording that actually looked like a video showing two american i actually click on just opening fire of a dozen people in iraq this is not against the live in a society images of violence become the. this is the sense of isolation the lack of empathy. we try and experience to. disassociate our. human body into action. we are all
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be in the. president. with ukraine but says moscow has the right to use force to protect russian speakers from the radical nationalists. about some western media adding fuel to the fire with reports mistakenly suggesting a full blown russian military intervention grab are underway in crimea. and the paralympic torch relay reaches sought after an epic but swift journey warming the hearts across russia and even in one small english village.

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